Page 2 - வட்டம் இணையதளம் நிதி லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) Corporate treasurers fed up with rock-bottom returns on their cash are about to get another pitch from the world of crypto.Circle Internet Financial Ltd., one of the digital-asset firms behind the so-called stablecoin dubbed USDC that is pegged 1-to-1 to the dollar, has cooked up an alternative for the legions too conservative to follow the likes of Elon Musk and Jack Dorsey into Bitcoin. Park your extra cash in USDC and earn as much as 7% annually through high-yield accounts, the marketing says more than 10 times the return on an ultra-safe 1-year Treasury bill.The idea may be appealing to some treasurers who were initially seduced by the big gains in crypto, especially following Bitcoin’s roughly 40% decline since mid-April. Stablecoins such as USDC are gaining increased attention because of their ability to maintain their pegs during the wild crypto price swings, suggesting they could actually serve as a store of value. Even so, not all long-term digital marke

United statesElon muskJohn griffinJack dorseyMichael saylorJeremy allaireAaron brownUniversity of texas at austinDorsey square incCircle internet financial ltdMicrostrategy incGrant thorntonTesla incInternet financial ltdChief executive officer michael saylorGenesis global capital