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Stablecoins

Dollar-pegged tokens such as USDT and USDC have become the cash layer of crypto markets and a growing part of payments. The US GENIUS Act, Europe's MiCA and Hong Kong's licensing regime now set the rules for who can issue them. We track supply, issuers, regulation and how banks and payment firms are adopting them.

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US corporate credit spreads widened across junk and investment-grade debt in late September

US corporate credit spreads widened beyond the weakest borrowers from September 25 to October 1, before easing on October 2, raising the question of whether tighter financing conditions could spill…

Oct 5, 2026

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