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View More NewsA group of 21 major financial institutions plans to establish a new company to develop and issue stablecoins, offering another sign of traditional finance’s push into digital dollars as regulatory frameworks take shape.The consortium, announced Tuesday, includes Bank of America, Goldman Sachs, Citi, Deutsche Bank, UBS, Santander, MUFG and Fidelity Investments. It plans to launch a US dollar-denominated stablecoin in the first half of 2027, subject to the company’s formation and other conditions.According to the announcement, the group ultimately plans to expand into stablecoins denominated in other G7 currencies, with a euro offering identified as its next priority.The consortium said…
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This week, my guest is what might be called an ideal Quillette thinker.And by that I mean someone who started out on one side of the left-right culture war, got exasperated by all the intellectual dishonesty he saw within his or her ideological tribe, and then drifted more toward centrist classical liberalism, all the while taking a scientifically rigorous approach to each issue.This anti-tribal approach to policy and politics can be a lonely affair. But as the success of the Quillette project shows, there’s a fair number of us. My guest, Benjamin Ryan—I’ll be calling him Ben—started out professional life as…
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This article is republished from The Conversation under a Creative Commons license. Read the original article. In April 2026, a federal grand jury returned indictments charging the Southern…
from the good-deals-on-cool-stuff dept Bring your tech skills up to 21st-century snuff with the Modern Tech Skills Bundle. This 2,000+ class series covers subject…
From today’s decision by Judge Jeannette Vargas (S.D.N.Y.) in Goldstein v. CUNY: On January 9, 2026, Plaintiff Avraham Goldstein (“Plaintiff”) filed his Third Amended…
Payward, the parent company of crypto platform Kraken, is raising new capital at a $20 billion valuation, according to two people with knowledge of…
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When governments shut down spaces for dialogue, dissent, and collective organizing, the damage extends far beyond a single event. The abrupt cancellation of RightsCon…
from the failing-upward-administration dept Kash Patel is one of the rare Trump political appointees who actually has some experience that might be useful in…