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The Tether Killer? A True Stablecoin Would Enhance Banking and Crypto
The serious, potentially fatal flaw with a stablecoin like Tether is the potential for a “run on the bank.” Any stablecoin that invests in anything other than U.S. dollars in a bank account cannot assure its holders that they can redeem their stablecoin at any time, all at once, and receive 100% of the face…
Green accounting: How counting the true cost of cheap food could make a better world
IN THESE difficult times, it seems utterly bananas to say that food is underpriced. In the UK, average grocery bills have risen by more than 12 per cent in the past year. But it is. The price tags on food are way lower – by about two-thirds – than what they would be if we…
Matrixport Had Predicted Bitcoin (BTC) Prices Could Hit $45K By 2023-End, The Prediction May Soon Come True
“The 2023 bitcoin rally unfolded in five phases: starting with a reaction to inflation trends, followed by a banking crisis response, a surge due to BlackRock’s ETF filing, a boost from Federal Reserve policy shifts, and finally, developments in SEC regulations regarding bitcoin ETFs, “Markus Thielen, Matrixport’s head of research, wrote in a new report….