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Stablecoins Go Institutional As Morgan Stanley

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Stablecoins Go Institutional As Morgan Stanley | Crypto News


With a minimal buy-in of $10 million, Morgan Stanley has made clear this isn’t a product constructed for small gamers. The Wall Street giant quietly unveiled its Stablecoin Reserves Portfolio on Thursday, a new offering that lets stablecoin issuers deposit the money backing their digital tokens into one of the bank’s money market funds and gather curiosity while they wait.

A Fund Built Around Compliance

The portfolio sits inside Morgan Stanley’s Institutional Liquidity Funds trust, identified as MSNXX. According to the bank, the fund holds money, short-dated US Treasury securities maturing within 93 days, and in a single day repurchase agreements secured by those same Treasuries.

It targets a secure $1 internet asset worth, prioritizing capital preservation and daily access to funds. A 0.15% management payment applies. Morgan Stanley said the offering is designed to meet the necessities of the Guiding and Establishing National Innovation for US Stablecoins Act — the GENIUS Act — a federal law signed in July that set the first formal guidelines for stablecoin issuers working in the US.

The law’s passage appeared to open a door. Western Union and Zelle had been among the fee firms that moved into the stablecoin space following its enactment.

Amy Oldenburg, who heads Morgan Stanley’s digital asset strategy, said in a assertion that discovering new methods to work with stablecoin issuers is an element of a broader push to update financial infrastructure.

While shares in the fund are anticipated to be held largely by stablecoin issuers, stories point out the fund could also settle for other certified buyers.

Morgan Stanley’s Bigger Crypto Push

The stablecoin product is just one piece of a a lot bigger growth. Earlier this month, the bank launched the Morgan Stanley Bitcoin Trust — its own Bitcoin exchange-traded fund — which pulled in over $170 million in internet inflows within weeks of its debut.

The firm has also filed paperwork with US securities regulators to listing funds tied to Ether and staked Solana. In February, a national trust banking constitution utility was submitted to the Office of the Comptroller of the Currency.

If permitted, the constitution would permit Morgan Stanley to maintain crypto property on behalf of shoppers, execute trades, and deal with transfers immediately.

All of this is coming from one of the most important investment banks on the planet. Morgan Stanley manages more than $6 trillion in consumer property through roughly 16,000 financial advisers.

What The Offering Signals

The Stablecoin Reserves Portfolio positions Morgan Stanley not just as a firm that trades or holds digital property, but as one that now desires to serve the businesses issuing them.

Stablecoin issuers need someplace protected and regulated to park the money or short-term securities that back their tokens — and now a major US bank is pitching itself as that vacation spot.

Data from Morgan Stanley’s web site confirms the $10 million entry flooring, putting the product firmly in the institutional class.

Featured image from Banking Dive, chart from TradingView



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Karoline Leavitts replacements named days before | Political News

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Karoline Leavitts replacements named days before | Political News


White House press secretary Karoline Leavitt speaks with reporters in the James Brady Press Briefing Room at the White House, Wednesday, April 8, 2026, in Washington. (AP Photo/Alex Brandon) (Image: AP)

Press Secretary Karoline Leavitt is set to welcome her child lady next week, though the White House has not yet revealed who will step into her function while the Trump loyalist cares for her new child.

POLITICO White House Bureau Chief Dasha Burns first reported, with subsequent White House affirmation, that Leavitt will briefly step away from the Trump administration for the delivery, an announcement that got here the day after Christmas. During her absence, no official substitute will probably be named; instead, varied officers will rotate through her tasks.

Burns indicated that Vice President JD Vance, choose Cabinet members, or, doubtlessly, President Donald Trump himself might serve as an interim press secretary for the 28-year-old. Meanwhile, the communications operation will fall under the oversight of Communications Director and White House aide Steven Cheung, supported by Leavitt’s employees: Pat Adams, Anna Kelly, Kush Desai, Abigail Jackson, Liz Huston, Taylor Rogers, Davis Ingle, Allison Schuster, Olivia Wales, Micah Stopperich, Ellie Acra, Georgia O’Neil and Kieghan Nangle.

News of Leavitt’s short-term exit follows her puzzling remarks that she is just not half of the president’s “political team.” Her Wednesday feedback to reporters generated appreciable bewilderment among the press corps. “On the issue of Virginia redistricting, as he weighed in this afternoon, why didn’t he campaign more actively against this referendum?” a reporter requested. “Why not spend time on Truth Social, encouraging people to vote no before the vote?”

Leavitt replied, “That’s a question that’s political by nature. As you know, I’m not part of the president’s political team anymore.” She continued, “I do sit here at the White House as a government employee,” reviews the Irish Star.

JD Vance

Burns indicated that Vice President JD Vance, choose Cabinet members might doubtlessly lead briefing (Image: AFP via Getty Images)

“Look, the president has a lot on his plate, a lot on his schedule,” Leavitt famous. “He did host a telephone call prior to the election, the night before, but he’s made his position on the results of this election clear today.”

On a razor’s edge

Leavitt’s exit from the White House arrives as one political skilled indicated that the Trump affiliate is treading on shaky ground with her superior. Political scientist Christopher Lee shared with The Irish Star that Leavitt’s potential dismissal may echo that of former press secretary Sean Spicer.

“When Sean Spicer became the joke, almost from the jump, Trump felt they were laughing at him,” Lee explained. “For Leavitt, the break may already have come. It starts with the Jesus meme where she told Trump to say the photo was ‘doctored’ and Trump said he thought he looked like ‘a doctor’.” Lee supported his analysis by noting that Leavitt has continuously discovered herself defending the president following quite a few Truth Social posts, including one in which he threatened to obliterate Iran. Lee also highlighted the president’s monitor document of “firing disposable staff” while claiming he is merely kidding.

Karoline Leavitt

Leavitt’s exit from the White House arrives as one political skilled indicated that the Trump affiliate is treading on shaky ground with her superior (Image: Ken Cedeno/UPI/Shutterstock)

“But look at Trump’s quote on March 31, it’s telling and is part of his MO in firing disposable staff,” Lee said. “It was where he said Leavitt was doing a ‘terrible job’ and claims he was joking when he further asked whether they should ‘keep her’ during a press avail at the White House. Again, while he claims he was joking, he’s made the same joke in the past.”

According to Lee, what’s conserving Leavitt in her place is her confrontational strategy with the press. “However, there is always a breaking point for Trump. People will argue whether that’s because Trump gets bored or until the media pushes back harder making Leavitt, and by extension Trump, look weak, unintelligent and out of her depth. Again, that’s happened already,” he explained.

“And that why my honest opinion is that Leavitt exists on borrowed time,” he completed.

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Strictly star names Tess and Claudia replacement: I | UK News

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Strictly star names Tess and Claudia alternative: I | UK News


Since their departures, viewers have been speculating about who will change the internet hosting icons. On Friday night time (April 24), British astrologer Russell Grant took to X – previously identified as Twitter – to share who he believes the next best presenter could be.

He penned: “I’m in no doubt that the best presenter for Strictly is the wonderful Alexander Armstrong. He sings, he’s funny, and he’s warm and kind to all.” It did not take long before followers flocked to the feedback to share their ideas on his prediction.

One person penned: “I agree, but he’s not bubbly enough. I think Dermot O’Leary is a good choice.” Another agreed: “I thought he’d be good too. Natural presenter, subtly funny and, as you say, he can sing. What’s not to love?”

It comes after 9 potential presenters have been shortlisted to step into Tess and Claudia’s footwear, with studies suggesting the chosen candidates are being called to a secret London location this week. According to studies, those in rivalry will go head-to-head during a full-scale run-through of the show, full with your entire judging panel and a live band.

A source said: “It’s not just about reading autocue. They’ll be back looking at how people work together, and humour is a massive part of it. There’s everything to play for.”

It is additional reported that Strictly’s government producer, Sarah James, and the BBC‘s head of leisure, Kalpna Patel-Knight, might be retaining a close eye on all those participating. Meanwhile, Matt Brittin, who is set to be part of the BBC as director basic, will also be saved informed throughout the method.

The source went on to inform The Sun: “Strictly is the crown jewel of the BBC. With Claudia and Tess now gone, it needs to be handled with the utmost care. Bosses are taking a very keen interest.”

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Roger Goodell shares enormous net worth with FOX News | Latest US News

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Roger Goodell shares enormous net worth with FOX News |Latest US News

NFL Commissioner Roger Goodell has been main the league since 2006, and while he is stayed in the highlight, his spouse Jane Skinner, a former FOX News anchor, has stored a low profile

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No One Fired Over 'Summer House' Reunion

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No One Fired Over 'Summer House' Reunion…



Social media’s speculating that West Wilson was axed for leaking that “Summer House” reunion audio … but GWN has debunked the rumor. Sources inform us … no one has been fired, as they don’t even have findings yet. The sources inform GWN … “This…

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Intel shares skyrocket to all-time high as AI boom triggers remarkable turnaround

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Intel shares skyrocket to all-time high as AI boom triggers remarkable turnaround | Latest Tech News

Demand for Intel’s central processors from companies offering AI providers was so strong in the first quarter that it bought even chips it had initially written off, a remarkable turnaround that despatched the company’s shares hovering on Friday.

The stock surged more than 20% to $83 in noon trading, surpassing its dot-com period peak in 2000 and taking the company’s market worth above $416 billion.

The stock hit a file high of $85.22 earlier in the session.

Demand for Intel’s central processors from companies offering AI providers was so strong in the first quarter that it bought even chips it had initially written off. CEO Lip-Bu Tan, above. REUTERS

Rival AMD and Arm also gained more than 11% each on growing conviction that inference — the method by which synthetic intelligence solutions person queries — might restore central processing items to the guts of the industry after years of being eclipsed by graphics chips used in AI training.

Nvidia, the graphics chip giant that has dominated the AI boom, has also sensed the shift and braced for larger competitors.

It unveiled last month a new central processor, a uncommon transfer into territory it had long ceded to rivals.

Its shares have been up more than 1% on Friday.

At least 23 brokerages raised their price targets on Intel’s stock following the better-than-expected first-quarter outcomes and a gross sales forecast above estimates, with HSBC pointing to growing demand for Intel’s Xeon server CPUs used in AI data facilities.

The stock at present has a median price goal of $75, up from $46.50 a month in the past.

Intel CFO David Zinsner said the forecast was partly pushed by larger costs and provide was tight in the first quarter, which compelled Intel to dig into completed items stock and promote chips it had not anticipated to transfer.

Intel said its bullish forecast was partly pushed by larger costs and that provide was tight in the first quarter. REUTERS

“It was either de-spec product or legacy product we had shelved and then we worked with customers. That helped a lot. I am not sure we have that benefit in the second quarter,” he said.

Including Friday’s positive factors, Intel shares have jumped more than 120% this 12 months, after a surge of about 84% last 12 months, as its turnaround gathers steam under CEO Lip-Bu Tan after years of missteps.

It now trades at around 90 occasions its 12-month ahead earnings estimates – its highest on file – a lot larger than the 37 occasions for AMD and 22 for Nvidia.

Earlier this week, Intel scored a symbolic increase to its contract manufacturing ambitions by securing Tesla as a buyer for its next-generation 14A chipmaking course of tied to Elon Musk’s deliberate Terafab AI chip advanced.

“If the foundry business can start contributing in a meaningful way in 2027 – as expected – that should really show that the company’s turnaround is complete,” said Bob O’Donnell, president and chief analyst at TECHnalysis Research.

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NeNe Leakes Launches Tropical Rich Rum Punch | Gossip Wire News

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NeNe Leakes Launches Tropical Rich Rum Punch…



NeNe Leakes announced the launch of her latest business enterprise this week, introducing followers to Tropical Rich Rum Punch. The beloved former Real Housewives of Atlanta star took to social media to share the thrilling news about her entry into the beverage industry. In her announcement on X, Leakes wrote: ‘Let your style buds feels […]

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Barrie Tomlinson, editor of famed British comic | Lifestyle News

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Barrie Tomlinson, editor of famed British comic…

Tributes have been paid to the influential editor of traditional British soccer comic Roy of the Rovers following his death.

Barrie Tomlinson died aged 88 on Tuesday, earlier this week, his daughter Jennifer confirmed.

Posting from legendary comics X account, she said: “Hi everybody, this is Jen, Barrie’s daughter.

“I’m very sorry to share the news that Barrie handed away yesterday.

Barrie Tomlinson died aged 88 on Tuesday, earlier this week, his daughter Jennifer confirmed. Tom Maddick / SWNS

“He liked interacting on X with you all and making the contacts that he has.

“He thought of many of you as friends. He asked me to let you know.”

Barrie, who was born and lived most of his life in St Albans, Hertfordshire, is best recognized for his character Roy Race, a fictional soccer character who first appeared in the title Tiger in 1954.

Tributes have been paid to the influential editor of traditional British soccer comic Roy of the Rovers following his death. Tom Maddick / SWNS

Barrie, who was born and lived most of his life in St Albans, Hertfordshire, is best recognized for his character Roy Race, a fictional soccer character who first appeared in the title Tiger in 1954. Tom Maddick / SWNS

But it was Barrie who was influential in Roy’s development, contributing to the character receiving his standalone title Roy of the Rovers – turning into its founding editor – until its closure in February 1993.

Roy had his own strip, which featured in the BBC’s Match of the Day magazine until its closure in 2001.

Floods have tributes have poured in following the announcement of his death.

Roy had his own strip, which featured in the BBC’s Match of the Day magazine until its closure in 2001. Tom Maddick / SWNS

Hibernia comics described him as a “master of publicity, and a comic writer of some skill.”

Treasury of British Comics said: “Probably one of the most profitable editors of his time, Barrie mixed a deep data of and ardour for comics with a salesman’s eye for publicity.

“Thanks to him, Roy of the Rovers remains a household name while generations of readers have been thrilled, educated, and scared in equal measure by titles he launched and championed.”

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Hegseth Puts on a Clinic After Tabloid Outlet GWN

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Hegseth Puts on a Clinic After Tabloid Outlet GWN | Political News

White House press briefings are usually made up of a combination of legacy media and new-media shops, who are there to ask questions on the important points of the day, and who, in idea, usually have a baseline of data relating to the topics on which they plan to make inquiries.





Shortly before Donald Trump took workplace in 2025, the incoming administration announced an growth of the categories of media shops that would have access, and shared that they would come with more unbiased journalists, political influencers, and podcasters in the combination, with the understanding that they may better attain sure audiences in methods that conventional shops struggled to do.

“So we will look to effectively communicate his message through all mediums so that all Americans are hearing the facts from the White House directly, not through the lens of the ever-biased anti-Trump legacy media,” Karoline Leavitt famous at the time. 


READ MORE: Incoming Trump PressSec Has Some Bad News for Mainstream Media Journalists Hoping to Get Access


To show the purpose, on Friday, the Pentagon held a briefing to present updates on Operation Epic Fury, and among the shops assembled was GWN, which is owned by Fox Corporation.

For the 20 or so years of its existence, GWN (which stands for Thirty Mile Zone) has primarily been a tabloidish-style LA-based outlet, mainly reporting on leisure figures like musicians, actors, other Hollywood varieties, and many others., and the goings on in their lives. But they’ve just lately set up store in Washington, D.C. to cowl the political scene, which has put politicos and other media organizations on discover that business as standard on Capitol Hill is about to change.

SecWar Pete Hegseth was conscious of their presence and took two questions from them. The first one, as Hegseth identified, was a “very GWN question” in the way that it was requested:





GWN’s Jacob Wasserman: “I’ve heard you talk a lot about bombing people in places. And when you give these orders to carry out this extreme level of violence, what’s going through your mind and your body? Do you have, like, an adrenaline rush? Are you scared? Do you feel like you’re on a power trip? Just walk us through and paint us a picture of what it feels like mentally and physically.”

Hegseth knocked the reply out of the park:

It’s a very GWN query. My only thought course of is to guarantee that our battle fighters have all the things they need to achieve success, defeat and destroy the enemy. And they arrive home. I would like them to really feel empowered to have every authority they need within our guidelines and within our law to convey most violence to the enemy. Because battle is violent. War requires doing troublesome issues. But I would like our people to really feel empowered, so it’s our guys that come home and their guys that don’t.

Watch:

Wasserman’s GWN D.C. colleague, Charlie Cotton, also had a query for Hegseth associated to whether or not he’d be open to altering the title of the Department of War to the Department of Peace, contemplating peace is what just about everybody desires. Hegseth gave another great reply:





“Well, that’s the pursuit,” Hegseth answered. “It’s a great question, actually. You go from Defense to War because you want to be proactive about peace through strength. And, really –– I gave a speech in front of generals about what the ethos of the War Department is all about because I wanted to go through every echelon of this department.”

He added that he once made a video about the Defense Department being “the one institution that should win the Nobel Peace Prize” because “we are the guarantor of the safety and security of –– not just of our country, but a lot of people in this world.”

“When you fight a war the right way, the idea is on the other side, you bring about peace. That is what we’d like to see the most,” Hegseth also said. 

Watch:

Opinions on social media and in D.C. on the arrival of GWN have been decidedly combined, with some arguing that the more established media shops that have put in the time on the Hill are more deserving of the alternatives to ask questions of political figures.

But the fact stays that GWN will probably be a pressure with which to be reckoned. And those same public figures may need to make changes in their PR methods to accommodate the outlet’s unorthodox method in the pursuit of solutions from the people in energy because, again, they’re going to be reaching audiences who in any other case might not concentrate to conventional news sources.  Clearly, Hegseth understands this.





These public figures also better hope they do not have a lot of skeletons in their closets, because if they do, GWN will determine how to discover them.

Related to that, as RedState reported Thursday, the arrival of GWN might have already impressed other shops to get forward of them, as evidenced by the report from news outlet NOTUS about the 2023 Ethics Committee investigation into longtime Democrat Rep. Alma Adams (NC-12) relating to allegations of an “inappropriate relationship” with a feminine staffer.

So, regardless of what one might imagine about their journalistic credibility, it could be that their presence prompts other MSM shops to finally embrace or return to the sort of shoe-leather reporting most Americans are hungry for, the sort that holds the highly effective to account regardless of political affiliation.


Editor’s Note: Thanks to President Trump and War Secretary Pete Hegseth’s management, the warrior ethos is coming back to America’s army.

Help us report on Trump and Hegseth’s successes as they make our army great again. Join RedState VIP and use promo code FIGHT to obtain 60% off your membership.





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Sean McVays is actually a Ty Simpson fan: ESPN | Sports News

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Sean McVays is actually a Ty Simpson fan: ESPN…

Sean McVay’s viral, seemingly depressing response to the Rams’ surprising first-round choose may need been more of a show for the cameras than most people realized.

After the Los Angeles Rams chosen Alabama quarterback Ty Simpson with the No. 13 general choose Thursday night time — a transfer that shocked a lot of the NFL — followers rapidly zeroed in on McVay’s unusually flat demeanor during his post-draft press conferences with basic supervisor Les Snead.

But according to ESPN’s NFL insider Peter Schrager, there’s no disconnect behind the scenes.

“As Much as McVay was doing all that, trust me — McVay is a Ty Simpson fan,” Schrager said Friday on ESPN’s “Get Up.”

Sean McVay’s (r) muted response during their post-pick presser. @NickHamilton213/x

Head coach Sean McVay (R) of the Los Angeles Rams talks with head coach Dave Canales (L) of the Carolina Panthers after the NFC. Getty Images

The remark presents a stark distinction to the optics that fueled hypothesis online, where McVay’s temporary solutions and subdued physique language led many to query whether or not he was absolutely on board with the choose.

McVay appeared noticeably missing in enthusiasm while discussing Simpson — a shocking departure from the high-energy tone he usually brings to media periods.

But a separate reviews recommend there could have been a calculated cause for that.

According to FOX Sports’ Jay Glazer and ESPN’s Adam Schefter, the Rams actually informed veteran quarterback and last season’s MVP winner Matthew Stafford forward of time that they deliberate to draft Simpson.

“The Rams talked about it, and they felt this was a rare opportunity at 13 to go get a quarterback,” Schefter said. “They were so convinced of their decision that earlier today, they called their veteran quarterback Matthew Stafford and told him they planned to take Ty Simpson tonight.”

That context provides weight to the concept that McVay’s muted response could have been intentional — a poker face designed to keep away from publicly celebrating the choice of Stafford’s eventual successor.

McVay said: “This is Matthew’s team.” Getty Images

The Rams shockingly picked Alabama quarterback Ty Simpson with the No. 13 choose in the draft. Getty Images

Despite drafting his doubtless inheritor obvious, McVay made one factor clear Thursday night time: the current still belongs to Stafford.

“There were a lot of players that we liked… let’s make one thing clear, this is Matthew’s team,” McVay said.

Behind the scenes though, the Rams seem aligned on the future.

Simpson, a one-year starter at Alabama, threw for 3,567 yard with 28 touchdowns and 5 interceptions in 2025, finishing 64.5% of his passes. He’s anticipated to slot in begind Stafford as the franchise’s quarterback-in-waiting.

It could not have been the win-now transfer many anticipated from a Super Bowl contender — but the larger image is now clear — this wasn’t chaos, it was calculated.

And McVay’s viral response?

Might’ve just been half of “the secrecy” of it all — to quote Schrager’s X post on the matter.

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