Where finance and media intersect with reality.
Dear Subscribers. Those of you who were around in the early days of crypto will remember how dynamic the London scene was in terms of
Its opaque past, its contested present, and its high-stakes role in Argentina’s future. Welcome to the story of the Exchange Stabilization Fund.
Who cares about stablecoin holding limits when you’ve got access to official liquidity support and exemptions?
Plus, the Fed’s Stephen Miran on the impact of stablecoins on loanable funds and the ECB’s main markets man on why non-remuneration is a regulatory ‘original sin’.
Subscriber note: Reminder that we are now also operating on Substack. The details of the new plans are here. If you’re anything like me, you’re
Record volumes of crude are now at sea, all searching for a home. The question isn’t just who will buy those sums — but at what price. China, for now, is backing away.
The third interstellar object ever spotted by humanity, now hurtling behind our sun, has led some astronomers to speculate that we may be observing an
Tether news: Stablecoins can boost US dollar hegemony, Tether CEO says. TLDR: CEO Paolo Ardoino on how and why Tether, the world’s largest stablecoin issuer,
Will stablecoins initiate a new era of (biblically compliant) zero-interest finance, or are workarounds already in the making?
Making sense of the geopolitical map isn’t what it used to be. Not only can no one agree whether World War 3 has formally started,