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Tag: ACH

Third-largest stablecoin loses its dollar peg

May 9, 2022 Comments are Disabled

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

August 14, 2019 0 comments

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 […]

Old payment systems never die

September 4, 2018 1 comment

Some technologies fade away and are replaced: typewriters, punch card computers and VHS tapes are now obsolete. But in payments, new technologies may need to build on old ones, says […]