Tag: USD
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Ripple Announces Ripple USD Exchange Partners for Global Distribution
Former FDIC Chair Sheila Bair, Vice Chairman of Partners Capital and former CENTRE Consortium CEO David Puth, and Ripple Executive Chairman Chris Larsen Join the RLUSD Advisory Board Ripple, the leading provider of digital asset infrastructure for financial institutions, announced its exchange partners and customers for Ripple USD (RLUSD), an enterprise-grade, USD-denominated stablecoin created with…
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BRICS Nations to Challenge US Dollar Dominance with New Currency and Blockchain Payment System
The BRICS nations—Brazil, Russia, India, China, and South Africa—have announced ambitious plans to introduce a new currency aimed at reducing the dominance of the US dollar in global trade and finance. This move could have far-reaching implications for international markets and investors. Here, we delve into the key details of this groundbreaking development. BRICS Currency…
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The Future of Money
Invest Offshore recently spotlighted a compelling and insightful article from Zero Hedge, authored by Efrat Fenigson of Bitcoin Magazine, titled “On The Brink Of A Dramatic Change: The Digitalization Of Money.” Fenigson, an independent journalist and host of the “You’re The Voice” podcast, provides a thorough and nuanced examination of the current state of Central…
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Global Currencies that have Weakened The Most Against the USD
Brazil’s Real is among the currencies that increased the most since the pandemic, with a 2.77% decrease against USD. That’s according to new research from the experts at City Index, who have analysed countries with the highest GDP and local currency strength against the USD to highlight which currencies have shown the largest growth following the…
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USD Rainbow Currency on the Horizon
The phrase “central bank digital currency” (CBDC) has been used to refer to various proposals involving digital currency issued by a central bank. A report by the Bank for International Settlements states that, although the term “central bank digital currency” is not well-defined, “it is envisioned by most to be a new form of central bank money, hence the Rainbow…
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Innovative Securities: Another Year in Return Heaven
BUDAPEST, Hungary, Dec. 15, 2017 /PRNewswire/ — The year 2017 may very well be a historical one to remember due to outstanding returns and euphory on the markets, believes Innovative Securities. The company’s analysis about 2017 reminds that although there were several uncertainties at the beginning of the year, none of them hurt the optimistic atmosphere of…