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Dollar-pegged stablecoins could explode to a $2 trillion market cap within a few years, Treasury Secretary Scott Bessent said ...
Today, all eyes are on the Federal Reserve as Americans await the central bank’s latest interest rate decision. We think that some big market moves are in store – and that a $7 trillion ...
Singapore - The US dollar may face a US$2.5 trillion (S$3.2 trillion ... sell their dollar-denominated assets when the Federal Reserve cuts interest rates. Accelerating the multi-trillion ...
Over in America they do everything bigger. Four minutes and 47 seconds into this CNBC interview, Texas senator Ted Cruz drops his bomb: The Federal Reserve pays banks interest on reserves. For most of ...
It’s the ultimate widow-maker trade: dumping the U.S. dollar on fears its reserve-currency status ... has Asian central banks sitting on nearly $3 trillion of U.S. Treasuries in near-panic ...