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Hyundai Motor America converted $20,000 into stablecoins and transferred them to Hyundai Motor Mexico, where they were exchanged back into U.S. dollars. Shaving Hours off Transaction Times Hyundai Card successfully…
Tether lost $791 million this week, a single-token drop that accounted for 41% of the $1.9 billion pulled from the entire stablecoin market. Most of its top competitors also finished…
The Japanese yen collapsed to 162.27 per U.S. dollar on June 30, its weakest level since 1986, intensifying speculation that Tokyo could step in to defend the currency for the…
Bolivia’s Economy Ministry recognized that the current regime had failed, as the country’s oil exports had been reduced since 2005, making it impossible to continue with the exchange regime. The…
Robert Kiyosaki warned that dollar savings face growing pressure from debt, inflation, and money creation, renewing his call to hold bitcoin. He cited $1 trillion as a symbol of rapid…
Gold overtook U.S. Treasuries in global official reserves by market value, the ECB said. The move reflected a 60% gold rally and rising demand for reserve diversification. Gold’s Rise Puts…
Gold traded near $4,509 per ounce on Sunday and finished the week down roughly $30 to $35 as a firm dollar and climbing Treasury yields kept buyers cautious. Gold Faced…
Analysts believe that the ghost of the restriction of dollar depositors, popularly referred to as “corralito,” still haunts Argentines who prefer to hold their savings in cash dollars rather than…
Deepening inflation fears are pushing U.S. crypto traders into digital assets, as 90% worry the dollar will lose purchasing power. An OKX survey found 49% increased crypto holdings since January,…
During a recent interview, President Javier Milei stated that the largest obstacle to dollarization in Argentina was that people did not want it. He stressed that even when the government…