Goldman Sachs, BofA-led consortium plans 2027 stablecoin launch
The group also eyes expanding into stablecoins pegged to other G7 currencies, with the euro emerging as the top priority...
Tag : dollar
Bitcoin touches more than three-month high as soft dollar revives crypto sector
Another tailwind has been President Donald Trump's appeal to the US Congress to the "Clarity Act," that would bring clearer definitions to the sector...
Cash vs Counterfeiters: An Eternal Battle
Physical banknotes face a huge vulnerability in the form of counterfeiting, the illegal act of creating, copying, or imitating a physical currency...
Wealth funds, central banks turn to energy assets amid geopolitical volatility
An Invesco survey showed financial entities focusing on diversification and investment portfolios that can 'take a hit and still hold it together'...
US-Iran deal: Dollar touches 10-day low as markets cheer end of conflict
The Australian dollar, meanwhile, was down 0.3% at USD 0.705, holding to its losses as the Reserve Bank of Australia left rates unchanged...
Richest families trim portfolio exposure to dollar, finds UBS
UBS' "Global Family Office Report 2026" saw about two-thirds of family offices predicting weakening confidence in the dollar as the reserve currency...
Boost for Euro Stablecoin project as 25 more banks join the consortium
The consortium, which set up an Amsterdam-based company called Qivalis in 2025, now has 37 financial institutions as its members...
Egypt raises USD 1 billion in dollar-denominated social bond sale
The eight-year bonds received subscription orders exceeding USD 3.9 billion, reducing the annual yield to 7.6% from 8% due to strong demand...
Despite gains, gold heads for biggest loss in nearly two decades
Discussing gold, the go-to hedge against inflation and geopolitical risks, has fallen more than 14% since the war began on February 28...
Fitch sees varying effects on Sukuk, Gulf debt market liquidity
Fitch assesses liquidity using Bloomberg’s Liquidity Assessment scores, which indicate security-level liquidity...