Tag: ACH

Third-largest stablecoin loses its dollar peg

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Terra, the third-largest stablecoin by market size, is trading at a discount to its dollar peg after heavy investor selling that threatens broader contagion effects. With a market capitalisation of […]

US struggles to speed up payments

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The US financial system was designed to ensure that no single entity would ever dominate the nation’s money. But the downside of this legacy is becoming ever-clearer when it comes […]