Where finance and media intersect with reality.
The fight over whether stablecoins should hold all assets in unremunerated reserves at the BoE heats up. Plus, SWFs are getting into stablecoins.
The stablecoin duopoly era is coming to an end. Plus, Delta One makes an appearance.
Here’s our rundown of last week’s Token 2049 gathering in Singapore.
Hi everyone — Dario here. The deluge of AI-driven news means that once-respectable fields like geopolitical analysis, once handled by a few competent individuals (and
As perpetual futures edge into the mainstream, they stand to reshape dollar funding markets in unexpected ways.
Industry news: Flow news: Ethereum saw a massive $1.6B inflow into its stablecoin supply, more than all other chains combined. Commentators argued this should reinforce
Dispatches from the frontlines of European manufacturing There is something Kafkaesque about European manufacturing: it doesn’t really exist. The problem isn’t just how expensive manufacturing
A collection of interesting blind spotty stuff from the week. Who owns U.S. debt? Aka: how QE killed the UST carry-trade for foreigners (and correspondent
Hyperliquid is a crypto exchange that doesn’t want its customers to rely on leading stablecoins like Tether or Circle for trading on its platform. It
Cash Equivalence is a pop-up news service operated by Blind Spot Publishing dedicated to coverage of stablecoins and CBDCs. Its content is also available independently
The fracture stems from a blind spot: a reluctance to recognize that certain limits on speech are legitimate, especially at war, and that whataboutism isn’t always equivalent.
Don’t fall for a false dialectic. Don’t get played. Practice cognitive security and touch grass. Stay kind.