Latest / The Cryptocurrency Economy with Fexingo: Bitcoin, Ethereum, and Digital Money Markets
How Stablecoins Became The Hidden Central Bank
In October 2026, the effective Fed funds rate sits at three point seventy-five percent, yet the real velocity of money is shifting. We explore how stablecoin issuers are quietly acting as shadow central banks, absorbing excess liquidity from traditional banking while Bitcoin and Ethereum drift lower in a risk-off environment. Lucas and Luna dissect the mechanics of this parallel monetary system, using recent data on reserve balances and trading volumes to show why digital dollars are becoming the primary settlement layer for global trade, often bypassing traditional correspondent banking…
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