Stablecoins Are Not the ‘Future of Payments’, Say NY Fed Economists
Sponsored
Sponsored
Stablecoins, whose value is either fully backed by safe assets or not, could tie up liquidity in other areas of the traditional financial sector, according to a group of NY Fed economists and…
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
The FED paused the interest rate cuts, which began in September 2024, in January 2025. The FED’s interest rate decision in July, which has kept interest rates steady since January, is eagerly awaited. With just one week left until the Fed announces its highly anticipated interest rate decision, Reuters conducted…
This week, two critical data closely followed by Bitcoin (BTC) and cryptocurrency investors, PPI and CPI data, were announced. Following these data, all eyes turned to the FED interest rate decision to be announced on Wednesday, and the expectation of an interest rate cut increased following the CPI data that…
Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…