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IMF Warns Stablecoins Might Weaken National Currencies and Stifle Monetary Control as Market Exceeds $300B

by Vincent Muthee The International Monetary Fund (IMF) has issued a warning against the rapid rise of dollar-denominated stablecoins. The agency is arguing that the sector’s accelerating growth threatens monetary sovereignty in weaker economies.  Stablecoin market now exceeds $300 billion, with more than 97% of tokens pegged to the U.S dollar. This concentration attracts concerns […]

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Binance Names Yi He Co-CEO as Exchange Enters New Era

Binance has entered a new chapter after appointing co-founder Yi He as co-CEO. She now shares the top job with Richard Teng, who took over the role in late 2023. The move strengthens Binance’s leadership bench as the exchange pushes for stronger global compliance and broader Web3 expansion. Yi He Steps Into Shared Leadership Role […]

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