A new CoinDesk analysis examines why the next trillion-dollar currency may emerge outside today’s stablecoin model and may not have a name yet. CoinDesk reported. What the Report Says The development is notable because it changes the factual picture around next trillion-dollar currency. The available reporting identifies a specific development, but it does not justify
Economist James E. Thorne criticized the Federal Reserve’s tight monetary policy against inflation, arguing that interest rate increases may be insufficient to address the root causes of current price pressures. According to Thorne, Fed Chairman Kevin Warsh and Wall Street circles view supply-driven inflation as a classic overheating problem stemming from excess demand. Thorne stated
Tokenized stock activity surged over the past 30 days, with monthly transfer volume climbing more than 415% to $29.5 billion, according to data from RWA.xyz. Monthly active addresses rose more than 209% to around 1.3 million, while the number of tokenized stock holders climbed 167% to 2.36 million over the same period. The total value
Expectations that the Fed may raise interest rates at its September meeting have risen significantly following cautious remarks on inflation by Fed Chairman Kevin Warsh. The probability of a rate hike in forecasting markets has approached its highest levels in recent times, while bond yields have also seen a sharp increase. Market expectations are rapidly
A Nine-Day Run Comes to an End The party lasted nine trading sessions starting August 17, when U.S. spot bitcoin exchange-traded funds (ETFs) pulled in fresh money every single day (swelling to roughly $3.04 billion before it broke). On August 28, $202 million in net outflows made their way out of the funds, snapping the
Fifty to one hundred billion AI agents. That is Yat Siu’s estimate of how many autonomous machine actors he expects to be transacting on the internet over the next few years. Siu, co-founder and chairman of Animoca Brands, is not hedging. “The future of the web is heavily agentic,” he said in a video interview.
Swift, the backbone of financial messaging, faces a tough question: Will blockchain technology replace the 53-year-old technology that the legacy banking system relies on? With many blockchain-based infrastructures popping up, promising to be faster and cheaper for cross-border transfers, one could argue that this might be the case. “As these blockchain rails get laid, there’s
Sberbank, Russia’s largest financial institution, is preparing to launch a lending product that will recognize Bitcoin ($BTC), Ethereum ($ETH), and Tether ($USDT) as eligible collateral. The move aligns with new regulations from the Central Bank of Russia that take effect on September 1, according to a report by Crypto Briefing. Regulatory Shift Enables Crypto-Backed Lending
A research paper published this week quantifies what happens when bank deposits move at blockchain speed. The number is large enough to reshape how banks fund the economy, and the crypto industry is building the pipes without acknowledging the consequences. The crypto industry has spent two years building infrastructure to put bank deposits on chain.