
The Weekly Peg: Making seigniorage great again
Academics warn stablecoins will shift seigniorage from governments to private firms, plus banks get the go-ahead to hold crypto to fund gas fees for token operations.
Where finance and media intersect with reality.

Academics warn stablecoins will shift seigniorage from governments to private firms, plus banks get the go-ahead to hold crypto to fund gas fees for token operations.

Why seigniorage, potentially stablecoin-derived, offers the most credible path to financing neutral public-interest journalism in the algorithmic age.

Eichengreen, Cecchetti, Garratt, Portes, Andolfatto, Uhlig, Wu all talk stablecoins.

As tokenized deposits rain on the stablecoin parade, the fintech life cycle nears completion. Fragmentation is becoming unsustainable. Plus, yen stablecoins come to the rescue of Takaichi.

Flagging one of the most interesting charts from CEPR’s latest Frontiers of Digital Finance report.

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