News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Seizing and Reissuing: How Tether Turned USDT into a Tool for Global Control
Tether's USDT has become a global digital dollar, but its centralized nature allows the issuer to freeze funds, raising concerns about user control and privacy.
Mercation Admin5 min - Crypto
Bank of England Softens Stance on Stablecoin Regulations, Imposes $50 Billion Limit
The Bank of England has revised its stance on stablecoin regulations, removing individual and corporate holding limits while imposing a £40 billion issuance cap.
Mercation Admin4 min - Crypto
MSUSD Stablecoin Loses Dollar Peg
The MSUSD stablecoin from Main Street has lost its dollar peg, causing significant market turmoil and prompting the closure of the Altura fund.
Mercation Admin1 min - News
Toss Bank and Solana to Create Financial Platform
Toss Bank and Solana Foundation have partnered to develop a blockchain-based financial platform, aiming to enhance global remittances for 15 million customers.
Mercation Admin1 min - Crypto
XRP Sees Quick Recovery After Brief Drop Below $1.14 Support
XRP momentarily dipped below $1.14 but quickly recovered, maintaining its trading range amid active buyer interest.
Mercation Admin3 min - Crypto
Sonic Promises to Restore Investor Trust After Management Shake-Up
Sonic Labs has announced major leadership changes as it seeks to restore investor trust after a significant drop in its S token.
Mercation Admin2 min - Crypto
Top 5 Publicly Traded Firms Holding Solana Treasuries
A look at the top five publicly traded companies holding significant Solana treasuries, with Forward Industries leading the pack.
Mercation Admin5 min - Crypto
Fidelity Launches Fund for Stablecoin Issuers
Fidelity Investments has introduced a money market fund for stablecoin issuers and institutional investors, focusing on compliant assets.
Mercation Admin1 min - Crypto
Base Activates Beryl Update on June 25
Base's Beryl update is set for June 25, introducing the B20 standard for faster, cheaper token creation and improved network efficiency.
Mercation Admin1 min - Crypto
Europe Faces USDT Shortage: What’s Next After MiCA Transition
The end of the MiCA transitional period raises questions about USDT's future in Europe, impacting liquidity and market dynamics.
Mercation Admin7 min - News
Powell Endorses Fed's Stablecoin Regulations, Warsh Abstains
The Federal Reserve's new proposal requires U.S. crypto firms to verify stablecoin users, with Jerome Powell supporting it while Kevin Warsh abstained.
Mercation Admin2 min - Crypto
Grayscale Sets Price Target for Undervalued AAVE
Grayscale analysts have labeled the AAVE token as undervalued, projecting a price target of $179 within a year, while it currently trades around $75.
Mercation Admin1 min