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Stablecoins could enter M1 or M2, Fed study says

Federal Reserve researchers proposed a framework on Sept. 4 for deciding how stablecoins and other blockchain-based financial products could fit within U.S. money supply statistics. Summary Federal Reserve researchers said payment stablecoins could eventually qualify for inclusion within M1 or M2. Everyday payment use would support M1 classification, while short-term value storage would point toward…

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Bitcoin Clears $81K as Zcash and Privacy Coins Lead Crypto RallyBitcoin Clears $81K as Zcash and Privacy Coins Lead Crypto Rally

Bitcoin crossed the $81,000 mark on September 5, but the crypto market’s most notable breakout came from privacy coins. Zcash held around $1,000, Dash surged over 40% in 24 hours, and Monero also outperformed Bitcoin over the week, signaling that capital flows are prioritizing privacy-focused tokens. Zcash became the centerpiece after investors gained a new…

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Dollar stablecoins can weaken local currencies, BOK finds

Demand for dollar-backed stablecoins can place downward pressure on national currencies when investors receive direct access through fiat trading pairs, according to research published by the Bank of Korea on Sept. 3. The effect appeared after Binance introduced trading between selected local currencies and stablecoins such as USDT and USDC. Summary Dollar-backed stablecoins transmitted buying…

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Get 20TB of lifetime cloud storage for $350

TL;DR: Get 20TB of Scramble cloud storage for life for $349.95 (reg. $1,440). $349.95 $1,440 Save $1,090.05   Running out of cloud storage gets expensive when your photo library, videos, and backups keep growing. Scramble offers 20TB of lifetime cloud storage for $349.95 (reg. $1,440), giving you a large cloud vault without adding yet another…

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