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Singapore Gulf Bank has expanded round-the-clock U.S. dollar settlement through BNY, allowing eligible payments to clear during weekends and U.S. public holidays. For crypto markets, the move is notable because…
Iran’s rial collapsed to a record low this week just as President Trump’s new sanctions package named digital assets as a target for the first time, threatening the IRGC’s billion-dollar…
Some companies that appeared to be listed in the Open USD Consortium have refused to approve their inclusion. Blockmedia’s BD Head, Tony Chung, indicated that Korean powerhouse Samsung stressed it…
Russia and Iran are accelerating their move away from the U.S. dollar and toward the Chinese yuan as Western sanctions and geopolitical pressures deepen, according to a new report. The…
Sonic has introduced USSD, a network-native dollar stablecoin designed to serve as the primary liquidity layer across its ecosystem. Built using Frax infrastructure and backed by institutional-grade assets, the token…
The world tuned in this week as the Bank of Japan (BOJ) nudged its key short-term interest rate up by 25 basis points to 0.75%, a throwback level last seen…
Artemis, a blockchain analytics platform, stressed that while several issuers tried to make inroads in the non-USD stablecoin market, they have failed to dent the dollar hegemony in the asset…
The Argentine peso stumbled after President Javier Milei suffered an electoral defeat in Buenos Aires, where his Libertarian Party failed to secure a majority against its rivals. The outcome has…
Otavio Costa, an economic strategist, recently highlighted that the U.S. treasuries had been displaced by gold to become the main reserve asset held by central banks around the world. Costa…
Fernando Haddad, Brazil’s finance minister, recently criticized the so‑called “weaponization” of the U.S. dollar, warning of its pernicious effects on the currency’s reserve status. Haddad also said Brazil would challenge…