Reuters (October 25)
“Stablecoins, the latest innovation in digital currency, are a hybrid of the private and public models and claim to deliver the best of both their worlds.” Their users have roughly tripled in less than three years. “Stablecoins, it seems, give the people what they want: constant, real-time access to a globally usable, digital dollar.” As adoption grows, “the greenback’s supremacy” looks poised to be further reinforced.
Tags: Adoption, Digital currency, Digital dollar, Globally usable, Greenback, Hybrid, Innovation, Real time, Reinforced, Stablecoins, Supremacy, Tripled, Users
South China Morning Post (October 18)
Coal prices have “more than tripled in a year to near historical highs” and look poised to keep climbing, driven by a coal shortage that could threaten the global economic recovery. “Blackouts could spread from China and India to all the emerging economies still mostly reliant on coal. As supply can’t be ramped up in the near term, the shortages could worsen as energy demand rises with winter’s arrival. That may trigger another emerging-market crisis.”
Tags: Blackouts, China, Coal, Demand, Economic recovery, Emerging-market crisis, Energy, India, Prices, Reliant, Shortage, Supply, Threaten, Tripled, Winter
