Treasury Secretary Scott Bessent leant on stablecoin adoption and dollar-denominated trade metrics to defend the strength of the U.S. economy, seeking to …
Dollar
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Draw the plumbing and something odd falls out. PayPal, M0 and MoonPay went live on September 9 with PYUSDx, a platform that …
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Markets
Ethena Brings USDe and sUSDe to TRON, Expanding Digital Dollar Access Across Its Stablecoin Ecosystem
by shayaanby shayaanReason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest …
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Euro stablecoin activity is small, but rapidly growing. Euro vault AUM across DeFi increased from roughly €12 million a year ago to …
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Finance
Fed stablecoin research exposes how the same dollar could count twice in M1 or M2
by shayaanby shayaanA Federal Reserve staff note published Sept. 4 sketches a route for regulated payment stablecoins to enter M1 or the broader M2 …
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A new report from the Federal Reserve Bank of Kansas City argues that dollar-pegged stablecoins are more likely to strengthen the U.S. …
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Gold is having its strongest run since 1979. The metal touched a record near $5,600 an ounce in January. And unlike other …
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Finance
Gold Hits $4,620 as Treasury Buybacks Reignite the Dollar Debasement Trade
by shayaanby shayaanGold’s Breakout Above $4,600 Bloomberg analysts noted that gold climbed to a three-month high above $4,620 an ounce as Treasury intervention in …
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Adoption
Standard Chartered Becomes First Bank To Distribute Hong Kong Dollar Stablecoin
by shayaanby shayaanA global bank with $850 billion in assets is moving into the distribution layer for a Hong Kong dollar-pegged token, not as …
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U.S. Representative Stephen Lynch, a Massachusetts Democrat, has raised concerns that the Clarity Act, a proposed piece of legislation aimed at regulating …