PAYMENT

Diem could slash dollar payment costs

Diem, the Facebook-sponsored digital currency, could be highly disruptive to the US dollar payments infrastructure, say analysts at Bank of America Merrill Lynch (BAML). Earlier this week Diem said it […]

Tether doubles assets since year-end, reaching $45bn

The volume of tethers in issue has doubled since the end of 2020 to over $45bn, despite continuing uncertainty over the largest stablecoin’s asset backing. Tether is a cryptocurrency version […]