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This 'safe' cryptocurrency promises stability - but its claim is shaky
Stablecoin, the purportedly "safer" version of cryptocurrency, is having its moment. On the heels of the GENIUS Act, which Congress passed last July, the value of all stablecoins is now more than $300 billion - roughly 7% of all crypto in circulation. Stablecoin's run is even more impressive given that its stability is overrated. Safety and security as an asset vary widely by issuer, and stablecoins offer little benefit to crypto investors and almost nothing to non-crypto investors. Because stablecoins now have a rough regulatory framework and crypto is in a hot phase, it's no surprise that investors are taking a ... (full story)
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From abs.gov.au|Oct 28, 2025|5 commentsThe monthly CPI indicator rose 3.5% in the 12 months to September. The largest contributors to the annual movement were Housing (+5.6%), Food and non-alcoholic beverages (+3.1%), ...
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From thestreet.com|Oct 28, 2025Western Union (NYSE: WYU), one of the world’s oldest payments companies, has announced plans to launch its own U.S. dollar–backed stablecoin, marking a bold new chapter in its ...
