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Lagarde Sounds Alarm as $300B Stablecoin Market Tilts Toward Dollar

Lagarde warns Europe faces digital dollarisation as the $300B stablecoin market remains dominated by U.S. dollar-backed tokens. Christine Lagarde has warned that Europe faces rising exposure to dollar-backed stablecoins as the market nears $300 billion. The ECB president called the risk “digital dollarisation,” meaning wider use of dollar-linked digital assets...

Fed Chair Kevin Warsh Says AI Could Bring Rate Cuts Back

Kevin Warsh says AI could lower inflation pressure, lift productivity and wages, and shape future Fed rate cut expectations. Fed Chair Kevin Warsh said artificial intelligence could help reduce inflation pressure by lifting productivity and wages. The remark has raised debate over whether AI-driven gains could give the Federal Reserve...