**Binance Gets Green Light to Invest Customer Funds in US Treasury Bills**

In a recent ruling by the United States District Court for the District of Columbia, Binance has received approval to invest certain customer funds into US Treasury Bills. The court's order allows Binance to use a third-party investment manager, ensuring that these funds are not reinvested back into the company or its affiliates.

Key points:

- Binance must provide detailed monthly reports on any costs related to maintaining these investments.

- This move highlights the potential role of cryptocurrency in supporting the US dollar amidst global de-dollarization efforts.

- Stablecoins, like Tether (USDT), are seen as tools to extend US dollar dominance by holding substantial US debt instruments.

- Former House Speaker Paul Ryan emphasized the importance of stablecoins in generating demand for the US dollar and debt instruments.

- Critics argue that dollar-pegged stablecoins may perpetuate the existing fiat system rather than replacing it with decentralized alternatives.