BlockBeats reported on August 25th that Coinbase announced the native launch of its tokenized shares on the Base blockchain. Built on the B20 standard, the underlying shares are effectively held 1:1 by the regulated custodian Alpaca in a bankruptcy-remote structure, giving token holders direct ownership of the underlying shares. Non-US users in compliant jurisdictions worldwide only need a wallet and internet connection to access US stock exposure without brokerage accounts or settlement delays, and can trade anytime in the 24/7 AMM pool. Initially supported stocks include companies such as Apple and Nvidia.

Tokenized stocks, as standard B20 tokens, can be freely held, transferred, and traded, without whitelisted wallets or platform lock-ups. Their key significance lies in DeFi integration; users can use tokenized Nvidia stock as collateral to borrow money on Aave, or deposit Apple stock into decentralized exchanges to earn yields. For the first time, stocks transform from static assets in traditional accounts into on-chain programmable liquidity units. Dividends and stock splits are handled through on-chain multiplier mechanisms, ensuring that DeFi holdings are not interrupted. Ecosystem projects such as Aerodrome and Aave have publicly supported the B20 standard.

Coinbase stated that it will launch more tokenized stocks in the coming weeks and continue to push other real-world assets onto the blockchain, opening up new possibilities for developers to integrate traditional financial assets with the crypto-native ecosystem.

According to BlockBeats, on August 25, U.S. Treasury Secretary Bessenter discussed the U.S. Treasury repurchase program: "We have not yet purchased any bonds, and the next operation will be on September 9."

The U.S. Treasury Department previously announced that, effective September 9, it would increase the size of its long-term liquidity support repurchase operations from a maximum of $2 billion per operation to a minimum of $4 billion. Furthermore, market sources indicate that the Treasury Department may utilize nearly $1 trillion of its general account funds to support the recently announced expansion of its Treasury bond repurchase program.

According to BlockBeats, on August 25, U.S. Treasury Secretary Bessant commented on Trump's announcement to raise tariffs on Canadian automobiles and steel to 50%. Bessant stated that Trump hopes Canada can sit down and negotiate in good faith.

Earlier, Trump tweeted: "Canada has been taking advantage of the United States for years. They impose outrageously high tariffs on American farmers and agricultural products, making it difficult for these great American patriots to make a living, and creating a long-standing $60 billion trade deficit between the two countries. This situation is unsustainable and will not continue! Starting January 1, 2027, tariffs on all cars, trucks, large and small, as well as auto parts and steel, will increase to 50%. Products manufactured in the United States will not be subject to any tariffs. Canada will no longer be treated as a state! Canada is one of the most difficult countries in the world to deal with, both in trade and in other areas. They think they deserve special treatment, but the truth is, we don't need Canada, they need us! 95% of Canada's business is with the United States, while our situation is exactly the opposite!"