Demand for stablecoins has risen significantly but the crypto assets shouldn’t be the mainstay of the future monetary system, a group representing the world’s top central banks said. Stablecoins, a ...

2026 will likely be the year when we will start to see serious flaws, with the pure fiat global monetary system exposed. The root cause is the need for accommodating central bank policies in the face ...

Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...

Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. With the recent passage of the GENIUS Act, the United ...

Fiat money is a currency issued by a government that is backed by the authority and power of that government and its economy rather than a physical commodity. Historically, governments would mint ...

LONDON, Dec 2 (Reuters) - The financial system risks undermining global trade if it fails to adapt to the economy's needs, with developing countries likely to suffer the most, the UN Trade and ...

It would safeguard monetary stability, fend off private payment monopolies, and stand as a potent symbol of European unity The digital euro project has a simple motivation: to ensure that people in a ...

The Bank for International Settlements (BIS) unveiled a new vision for the future of the global monetary and financial system, centered on a tokenized unified ledger. This innovative framework aims to ...