Crypto
Tether holds more US Treasuries than the United Arab Emirates
Three Italian analysts say the stablecoin issuer’s $132 billion position amounts to the privatization of seigniorage, with sovereignty risks attached.
Stablecoin
Crypto
Binance says $6.3 billion stolen in largest crypto theft on record
The exchange has frozen withdrawals and pledged to cover every loss, but Italian users face a tighter squeeze after losing regulated access in July.
Fed & Central Banks
Digital euro arriving in 2029: the ECB could freeze your wallet, just like Canada did
Europe is moving toward a central bank digital currency — with ambitious goals to dethrone Visa, Mastercard and dollar-backed stablecoins. But the...
