🏛 Bitcoin-backed bonds are coming to the U.S.
New Hampshire is preparing to issue $100M in bonds backed by BTC.
👉 Key points:
• Moody’s rating: Ba2 (speculative grade)
• collateral: Bitcoin held with BitGo
• payments rely on BTC liquidation if needed
• no taxpayer funds at risk
📊 What it means:
• Bitcoin enters the bond market
• new asset class: BTC as collateral
• institutions engage through familiar financial structures
👉 In practice:
Bitcoin is no longer just an asset - it’s becoming financial infrastructure in TradFi.
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