Reserves

Dakota County is considering potential property tax rate increases, with scenarios ranging from 14% to 29%, driven by depleted reserves from COVID spending and unfunded mandates. Residents express concerns about transparency and the impact on services like libraries and parks.

Aave proposed deprecating 75 reserves and six deployments, affecting $98.1 million in supplied assets and $15.6 million in debt. The changes involve a total of $113.7 million in assets and liabilities on the platform.

IMF chief Kristalina Georgieva is set to visit Argentina, endorsing its reserve rebuild while flagging doubts on the fiscal accounts.

Multiple users reported delayed AscendEX withdrawals after ZachXBT flagged potential liquidity issues and urged the exchange to explain its reserves.

New York State has finalized a $277 billion budget for the 2026/2027 fiscal year, marking a $9 billion increase from the previous estimate. The budget relies on corporate tax extensions and depleting reserves to address projected deficits.

The Czech National Bank is considering Bitcoin as part of its foreign exchange reserves, with the governor advocating for its inclusion in the central bank's investment portfolio to diversify assets.

A new Blockchain for Europe report argues that the MiCA regulation has enhanced the safety of euro stablecoins but reduced their competitiveness. The report calls for targeted reforms in reserves and remuneration to address the issue.

Morgan Stanley launched a money market fund designed for stablecoin issuers to manage their reserves. The product is positioned as a competitive offering against BlackRock, signaling increased activity in the stablecoin and institutional finance sectors.