“ World Liberty Financial, the crypto venture launched by former president Donald Trump, recently unveiled its native token and is now reportedly planning to create its own stablecoin, which can act as a substitute for the U.S. dollar, as reported by Decrypt. Stablecoins, a type of cryptocurrency pegged 1:1 to the value of a fiat-currency … Read more
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House The US dollar has surged to its highest level since August, driven by strong economic data and growing investor confidence in Donald Trump’s chances of winning the upcoming presidential election. The currency … Read more
Most Asian currencies remained stable on Friday as the dollar held steady at more than two-month highs due to strong economic data, which reinforced expectations of smaller interest rate cuts. Regional markets were largely unaffected by Chinese gross domestic product data showing expected growth in the third quarter. The yuan slightly strengthened after the data … Read more