US Treasury Secretary: Cryptocurrency will not threaten the status of the US dollar, but stablecoins will help consolidate the hegemony of the US dollar

PANews reported on November 20th that, according to the Uniswap Foundation's official website, as of September 30, 2025, its assets included $54.4 million in fiat currency and stablecoins, 15.3 million UNI tokens, and 241 ETH tokens, with a total market value of approximately $116.6 million. Of this, $108.3 million is planned for grant payments in 2025-2026, and $32.6 million is allocated to operations and employee incentives. In Q3, new grant commitments totaled $800,000, and $1.9 million of committed grants were disbursed; year-to-date, committed grants totaled $18.8 million, with $8.9 million disbursed; operating expenses for the quarter were $2.5 million, and year-to-date expenses totaled $6.6 million. The foundation emphasized its financial soundness, and its operational coverage period extends to January 2027.

The post Strive (ASST) Buyout Continues to Offer Upside appeared on BitcoinEthereumNews.com. Shares of Semler Scientific (SMLR) closed at $32.06, well below the implied $86.30 takeout value in its announced all-stock acquisition by Strive (ASST), a discount Benchmark analyst Mark Palmers say reflects both skepticism and opportunity in the emerging bitcoin treasury M&A wave. Palmer reiterated its buy rating on Semler while trimming his price target on the stock to $86 from $101 to reflect the terms of the Strive deal. The fixed exchange ratio, 21.05 Strive shares per Semler share, suggests a lucrative arbitrage spread for investors, especially with both boards having approved the deal. Palmer said the market may be underestimating the long-term implications of consolidating bitcoin-heavy balance sheets under a single corporate roof. Strive, which recently disclosed it holds 5,886 bitcoin, would add Semler’s 5,021 BTC for a combined 10,907 tokens, enough to rank twelfth among public companies holding the cryptocurrency, trailing only Strategy, the report noted. Importantly, the merger gives Strive not only scale in crypto reserves but also ownership of Semler’s diagnostics business, which it intends to monetize or spin off after the deal closes, Palmer said. That cash-flowing asset base may give Strive more flexibility than pure bitcoin treasury plays. The transaction marks the first major move in what Benchmark believes will become a broader wave of stock-for-stock bitcoin treasury mergers. By leveraging its own equity, Strive appears to be capturing BTC at favorable prices, using a “preferred-equity-only leverage model” that avoids typical maturity and margin risks associated with debt-based strategies. However, risks remain. The deal depends on an effective S-4 registration and Semler shareholder approval. Any sharp decline in Strive or the bitcoin price before the vote could pressure deal terms. “If Strive’s share price weakens materially into the vote, the implied value to SMLR drops, possibly inviting renegotiation pressure or widening the arb haircut,”…

The post US Approves Nvidia AI Chips for UAE and Saudi Arabia with Strict Security Measures appeared on BitcoinEthereumNews.com. The Trump administration has approved the sale of Nvidia’s advanced AI chips, including the GB300 processors, to UAE’s G42 and Saudi Arabia’s Humain, enabling these nations to build powerful AI infrastructure while imposing strict security measures to prevent transfers to adversaries like China. U.S. approvals include rigorous security and reporting requirements to safeguard technology from […] Source: https://en.coinotag.com/us-approves-nvidia-ai-chips-for-uae-and-saudi-arabia-with-strict-security-measures