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Tether’s backing could be disclosed later this year

Tether insiders Paolo Ardoino and Stuart Hoegner said they may reveal full details of the reserves backing the controversial digital dollar some time later this year. “We are contemplating providing […]

Trump ups payment app war

The US/China conflict over the future of money has just moved up a notch. Yesterday, outgoing US president Donald Trump signed an executive order banning US users from accessing eight […]

In the thick of payments

Europe’s introduction over two decades ago of a legal framework for new payments technology and electronic forms of money has been credited with making the region a global hotbed of financial technology […]

Gold or bitcoin—which store of value?

One has been around for three billion years, the other for only twelve. Yet supporters of the upstart—bitcoin—say it can beat gold as a vehicle for long-term savings. In the […]

Central banks brace for stablecoin explosion

Central banks are braced for a world in which digital dollar tokens called stablecoins explode in value, posing a threat to governments’ ability to monitor the financial system. That’s one […]

A money revolution is going on

The increasing adoption of cryptodollars—digital dollar tokens that can be passed hand-to-hand—is a sure sign of the revolution that’s taking place in money, says Nic Carter, our guest on the […]

Stablecoin design is difficult and dangerous

Too strict a reserve policy makes asset-backed money of limited use. But too lax a policy may be the first step on a slippery path to destruction. Since US President […]