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Sources: US Treasury Secretary Scott Bessent expects stablecoins to drive demand for Treasuries, as talks with Tether and Circle help inform issuance decisions (Financial Times)

Financial Times : Sources: US Treasury Secretary Scott Bessent expects stablecoins to drive demand for Treasuries, as talks with Tether a...

20 August 2025

Shares of SoftBank plunged as much as 9.17% on Wednesday, as tech stocks in Japan, South Korea, Taiwan and Hong Kong fall after US tech stocks dropped overnight (Amala Balakrishner/CNBC)

Amala Balakrishner / CNBC:
Shares of SoftBank plunged as much as 9.17% on Wednesday, as tech stocks in Japan, South Korea, Taiwan and Hong Kong fall after US tech stocks dropped overnight  —  Shares of SoftBank Group plunged as much as 9.17% Wednesday, as technology stock in Asia declined, tracking losses in U.S. peers overnight.

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