ECB Confirms Gold Dethroned the Euro as the Second Reserve Asset
A recent report by the ECB confirms that gold, following a significant rally in 2024, has become the second-largest asset held by central banks as a reserve. However, the U.S.…
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Societe Generale to Launch USD Stablecoin on Ethereum and Solana
Societe Generale Group’s crypto asset-focused subsidiary is set to launch a new stablecoin called USD Coinvertible (USDCV) on Ethereum and Solana. 24/7 Conversion Offered for Fiat, Stablecoins Societe Generale-FORGE (SG-FORGE),…
Cryptoquant CEO Predicts the Rise of ‘Dark Stablecoins’
Ki Young Ju, CEO of Cryptoquant, states that due to upcoming regulations, dark stablecoins—an alternative not under government control—will rise as people use them for large international transfers and other…
US Congress Seeks to End the Penny by Introducing the Common Cents Act
The ‘Common Cents’ Act, which has bipartisan support, seeks to end the production of the $0.01 coin, commonly known as the cent, as its production and distribution costs exceed its…
Against All Odds, Argentina Keeps Beating the Dollar
Argentina celebrated the continued decrease in the dollar-peso exchange rate, even predicting that it might fall below the flotation bands established by the central bank. This would trigger a purchase…
Latam Insights Encore: Argentina’s Libertarian Lion’s Future Depends on His Greenback Gambit
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the Argentine government and President…
Dollar Reined in After First Currency Control Free Week in Argentina
The price of the U.S. dollar weakened during the first week after lifting the currency controls in Argentina, with the peso gaining ground and stabilizing at an exchange rate of…
Trump’s Tariff Policy Threatens Dollar’s Safe Haven Status and Global Currency Dominance, Warns FX Strategist Wizman
Recent data indicates a breakdown in the dollar’s traditional correlation with other markets, as investors seek refuge in currencies like the Swiss franc and Japanese yen, which have recently strengthened.…
Ratings Agency Issues US Downgrade Warning as Trade War Could Boost Alternatives to the Dollar
European rating agency Scope has issued a warning regarding a potential downgrade of the US sovereign credit rating due to uncertainty surrounding US trade policy. The agency outlines three possible…
Checkmate: How Adopting a BRICS Payment System Might Erode the Dollar’s Dominance in Trade Markets
Several international analysts examined how the introduction of a BRICS international payment system might affect the current use of the U.S. dollar in trade. Experts cited sanctions evasion, cost reduction,…