Big Seven Banks Unite to Launch Stablecoins Backed by Major World Currencies
The largest international banks have announced a joint initiative to develop stablecoins backed by reserves and pegged to the currencies of the G7 countries. The project aims to explore how digital forms of money can increase settlement efficiency and stimulate competition in the global financial market. Banks Prepare an Alternative to Private Issuers In an…
5 alarming signs that the US is sliding into recession
October 2025 brings more and more signals of an impending recession in the US. Economists and labor market data warn that almost half the country is already facing signs of a downturn, and it is becoming increasingly difficult to ignore key indicators. The American economy is sending alarming signals in several areas, from regional slowdowns…
