Are stablecoins now the core plumbing of global finance?
Stablecoins have “quietly become core financial plumbing” and pushed on‑chain finance past a “point of no return,” according to a new a16z crypto framework that...
Tag : Core
Core Scientific plans $3.3B debt raise to fund AI data center push
Core Scientific is seeking to raise $3.3 billion in debt to support its expanding data center operations across the United States, as crypto miners increasingly...
Core Scientific Reveals $3.3 Billion Junk-Bond Sale to Pivot Further from Bitcoin Mining to AI
In brief Core Scientific, which mines Bitcoin, said it would offer $3.3 billion worth of speculative-grade debt to capitalize on the AI boom. The firm...