Author: Charlotte

Euroclear has been working with the Banque de France on Project Pythagore, which aims to tokenize the negotiable EU (NEU) commercial paper sector. Now the central securities depository has announced a collaboration with Societe Generale-FORGE (SG-FORGE) to use its USDCV MiCA compliant stablecoin as a settlement asset. A key objective of the project is to enable settlement of NEU CP transactions in central bank money, with the ECB’s Project Pontes coming online in September. One of the settlement options is the Banque de France’s DL3S solution for wholesale CBDC (wCBDC). However, that only works for euros, so the stablecoin will…

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‘The Big Money Show’ discusses President Donald Trump’s predicted economic boom as new data show strong GDP growth and the highest PCE inflation reading since 2023. ‘The Big Money Show’ dissect the current state of the U.S. economy, highlighting strong GDP growth alongside persistent inflation. Panelists examine oil price dynamics, the impact of the Strait of Hormuz, and President Donald Trump’s optimistic economic forecast. The discussion also covers Apple’s stock performance, the rise of new electric vehicles like Zoox and Slate Auto, and power grid reliability concerns. Source link

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American households are hoarding cash like never before. Retail money market fund assets hit $3.085 trillion for the week ending June 17, 2026, according to the Investment Company Institute, putting total household cash holdings at roughly $3.2 trillion. The figure represents a meaningful jump from approximately $2.84 trillion in retail money market funds reported back in March 2025. That’s nearly $250 billion in fresh inflows over roughly 15 months. Where the money is hiding Total US money market fund assets reached $7.92 trillion in the same week, with institutional funds accounting for $4.83 trillion. The retail slice, the portion held…

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The 2026 FIFA World Cup is shaping up to be more than just a sporting event. It’s becoming a proving ground for how athlete visibility translates into blockchain-based speculation and digital collectible demand. Canada striker Jonathan David, one of the tournament’s most watched attackers, recently emphasized the need for total concentration ahead of his team’s Group B clash against Switzerland on June 24 at BC Place in Vancouver. His comments about resilience and avoiding errors in high-pressure knockout scenarios are standard pre-match fare. What’s less standard is what’s happening around his name in the crypto space. From the pitch to…

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Investing.com — Credit-default swaps linked to SpaceX began trading Thursday after the company completed its first high-grade bond offering earlier this week, Bloomberg reported. The development allows investors to protect against potential losses or bet on the company’s creditworthiness. Wall Street bond dealers started making markets for swaps tied to SpaceX following the company’s $25 billion bond sale on Tuesday. SpaceX operates rocket, satellite and artificial intelligence businesses. Get instant alerts on market-moving headlines on InvestingPro — now 50% off. The bonds have weakened against Treasuries since the initial sale, indicating selling pressure on the securities. Dealers began providing price…

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StepStone becomes the first UMB client to connect to Corastone’s network, streamlining subscription and lifecycle operations, with recordkeeping support from Envision.NEW YORK, June 25, 2026 /PRNewswire/ — Corastone, the hyperscaler for private-market investing, today announced a partnership with UMB Fund Services, Inc. (UMBFS), a subsidiary of UMB Financial Corporation (NASDAQ: UMBF), a national leader in registered and alternative investment fund administration services, to connect UMBFS to Corastone’s private, permissioned distributed ledger technology (DLT) network. The collaboration between Corastone, UMBFS, and Envision replaces manual, document-based workflows and one-off integrations with a shared data standard that supports straight-through processing for all market participants…

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1. Introduction The stock-to-use ratio (STU) of an agricultural commodity, calculated as ending stocks divided by total use of that commodity, has been used by market analysts as an important variable in projecting future commodity prices (Dawe, Reference Dawe2009). The importance and the explanatory power of STU in explaining agricultural commodity price behavior, particularly as an indicator of future price spikes, is based on the fact that STU reflects the history of past production and consumption of the commodity (Bobenrieth et al., Reference Bobenrieth, Wright and Zeng2013). While stock-to-use ratio and price are strongly interlinked, and the former can be…

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Over a month ago, on 19 May, Sarah Breeden, Deputy Governor of the Bank of England for Financial Stability, used a speech to give a clear signal: the Bank had decided to rethink some of the more controversial aspects of its proposals for the regulation of systemic stablecoins, especially on holding limits (that is, maximum amounts of a particular stablecoin that an individual or business could hold) and on the composition of the assets used to back the stablecoin and ensure its 1:1 peg to sterling. The Policy Statement and draft Code of Practice (CoP) were published on 22…

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