Matrixcar
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This week Christine Lagarde said euro-denominated stablecoins pose risks to financial stability and aren't an efficient way to strengthen the euro's international appeal. Meanwhile in Switzerland, six banks, including UBS and PostFinance, are live-testing a CHF stablecoin in a supervised sandbox. With Sygnum, Raiffeisen, Zürcher Kantonalbank, and BCV alongside them. Two very different approaches to the same question: what role should regulated stablecoins play in a domestic financial system? Europe's position appears to be: wait for the digital euro. Switzerland's position: build the infrastructure now, test it with real institutions, and learn by doing. Both approaches involve trade-offs. But only one produces data. And in financial infrastructure, data beats theory every time. 📎 bloomberg.com/news/articles/… @UBS @PostFinance @Raiffeisen_CH @zkb_ch @BCV #Stablecoins #SwissFranc #CHF #Banking #DigitalEuro Disclaimer: sygnum.com/disclaimer-2-2…


Nearly $22bn secretly shipped to Ukraine – Austrian politician We’re not talking about play money here: 1,030 registered cash and gold shipments. Only one was intercepted by Hungary. The courier carried around 12bn Euros plus 7.75bn Dollars in actual bank notes. They transported the heavy load over 1,300 kilometers into a war zone, to be given away without a paper trail. Ukrainian elites do not want to receive a million in their bank account. They want a million in used bank notes. We all know why. This is the reason why the war will not end. The elite in Ukraine make so unbelievably much money, they don’t care if the working class die, or if cities get destroyed.


























