USD – DIGIT INFO

Open USD Backlash: Consortium Faces Allegations of Faking Key Stablecoin Partnerships

DIGIT — Fri, 03 Jul 2026 16:20:29 +0000

Some companies that appeared to be listed in the Open USD Consortium have refused to approve their inclusion. Blockmedia’s BD Head, Tony Chung, indicated that Korean powerhouse Samsung stressed it did not consent, while other names also offered similar takes. Open USD Immersed in Unapproved Inclusion Scandal With Companies Like Samsung Open Standard, the consortium […]

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China’s Yuan Settlements Jump to $214B in March as Russia, Iran Accelerate Dollar Exit

DIGIT — Wed, 13 May 2026 22:25:31 +0000

Russia and Iran are accelerating their move away from the U.S. dollar and toward the Chinese yuan as Western sanctions and geopolitical pressures deepen, according to a new report. The Rise of the Petroyuan The global financial landscape is undergoing a tectonic shift as the conflict between the West and a growing coalition of sanctioned […]

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Sonic Launches USSD Stablecoin With Institutional-Grade Backing

DIGIT — Wed, 11 Mar 2026 06:30:05 +0000

Sonic has introduced USSD, a network-native dollar stablecoin designed to serve as the primary liquidity layer across its ecosystem. Built using Frax infrastructure and backed by institutional-grade assets, the token aims to simplify cross-chain liquidity and strengthen DeFi activity on the network. USSD Stablecoin Aims to Anchor Sonic’s On-Chain Economy Sonic has unveiled USSD (US […]

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Japan Tightens Again, Markets Act as if the Shift Is Already Priced In

DIGIT — Sat, 20 Dec 2025 02:30:50 +0000

The world tuned in this week as the Bank of Japan (BOJ) nudged its key short-term interest rate up by 25 basis points to 0.75%, a throwback level last seen in 1995. The central bank added that further hikes remain on the table if economic and price conditions line up with its projections. The Rate […]

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Nobody Wants Non-USD Stablecoins… Yet

DIGIT — Sat, 29 Nov 2025 06:30:48 +0000

Artemis, a blockchain analytics platform, stressed that while several issuers tried to make inroads in the non-USD stablecoin market, they have failed to dent the dollar hegemony in the asset class. Nonetheless, euro stablecoins have shown consistent growth. Artemis: Non-USD Stablecoins Are Virtually Non-Existent, Euro Stablecoins Show Consistent Growth The Facts Data from Artemis, a […]

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Argentine Peso Stumbles Following Milei’s Defeat in Buenos Aires

DIGIT — Tue, 09 Sep 2025 15:30:12 +0000

The Argentine peso stumbled after President Javier Milei suffered an electoral defeat in Buenos Aires, where his Libertarian Party failed to secure a majority against its rivals. The outcome has raised concerns about the sustainability of Milei’s agenda in the country. Milei Defeated: Argentine Peso Plummets as Fears About the Permanence of Libertarian Proposal Surge […]

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Strategist Warns Gold Surpassed US Treasuries as Reserve Asset: A Dollar Rebalancing Might Follow

DIGIT — Sat, 30 Aug 2025 04:30:18 +0000

Otavio Costa, an economic strategist, recently highlighted that the U.S. treasuries had been displaced by gold to become the main reserve asset held by central banks around the world. Costa believes that this might precede a major economic rebalance. Gold Defeats U.S. Treasuries as Reserve Asset: What Comes Next? The world is experiencing an economic […]

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Brazil Denounces Dollar Weaponization, Upholds Right to Trade in National Currencies

DIGIT — Thu, 28 Aug 2025 09:30:50 +0000

Fernando Haddad, Brazil’s finance minister, recently criticized the so‑called “weaponization” of the U.S. dollar, warning of its pernicious effects on the currency’s reserve status. Haddad also said Brazil would challenge the 50% tariff regime in court. Brazil Criticizes Dollar Weaponization Trend, Vows to Fight Tariffs in Court The government of Brazil has criticized the Trump […]

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Wisdomtree Launches USDW Stablecoin to Meet Growing Demand

DIGIT — Wed, 23 Jul 2025 09:30:16 +0000

Wisdomtree has officially launched its own stablecoin, USDW, as part of a broader strategy to establish a full-stack stablecoin business catering to both retail and institutional users. USDW, a U.S. dollar-backed stablecoin designed for transactions, is complemented by WTGXX, a tokenized U.S. government money market fund aimed at providing yield. To enhance accessibility, Wisdomtree has […]

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Shekel Reaches 30-Month High Against Dollar Amid Geopolitical Developments

DIGIT — Wed, 09 Jul 2025 14:29:10 +0000

The Israeli new shekel has reached its strongest level against the US dollar in over 30 months, specifically since January 2023, with the current exchange rate at approximately 3.327 ILS per USD as of July 9, 2025. This marks a significant appreciation of the shekel, which has strengthened by 4.87% over the past month and […]

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