While Stripe supports the use of stablecoins globally, regulatory uncertainty remains a concern. Collison warned that jurisdictions slow to introduce stablecoin regulations could risk losing fintech business to more accommodating regions. He pointed to the EU’s MiCA regulation, now in effect, as a clear framework, while noting that the UK is still collecting feedback on its own stablecoin rules.
Trump Media Secures $2.44B, Sets Up Bitcoin Treasury
and Technology Group (TMTG) announced it had closed a $2.44 billion private placement, with plans to establish a Bitcoin treasury. The company raised $1.44 billion through common stock and $1 billion through convertible senior notes due 2028. Approximately $2.32 billion in net proceeds will support the company’s Bitcoin acquisition and general operations.
According to CEO Devin Nunes, the company’s move reflects a strategic push to expand financial assets and adopt Bitcoin as part of its treasury strategy. Trump Media, which operates Truth Social and the fintech brand Truth.Fi, now holds over $3 billion in liquid assets. This includes $759 million in cash and equivalents from Q1 2025.
