BlockBeats news, on December 22, the Fed plans to inject about $6.8 billion into the financial market through a repurchase protocol at 10 PM Beijing time tonight. In the past 10 days, the Fed has injected about $38 billion as part of its year-end liquidity management. The repurchase protocol (abbreviated as repo) is a core tool for managing daily liquidity in the financial system. In the repo, the Fed provides cash loans to banks, secured by high-quality collateral (usually government bonds). Banks quickly repay the loans to reclaim the assets, typically within a day. This move aims to address year-end liquidity tightness and recent adjustments by the Fed to the standing repo facility. Although officials describe these measures as routine, some crypto assets investors see them as favourable information for risk assets. (Barchart)