Here's What the Central Bank of Iraq is Doing
Here's What the Central Bank of Iraq is Doing
Edu Matrix 9-6-2025
In an increasingly interconnected and digital world, central banks worldwide are exploring innovative ways to modernize their financial systems.
The Central Bank of Iraq (CBI) is at the forefront of a significant shift, as highlighted in a recent insightful video from Edu Matrix featuring Sandy Ingram.
The CBI has initiated a strategic policy to reduce the circulation of physical Iraqi Dinar (IQD) banknotes, aiming to pave the way for a new digital currency.
Here's What the Central Bank of Iraq is Doing
Edu Matrix 9-6-2025
In an increasingly interconnected and digital world, central banks worldwide are exploring innovative ways to modernize their financial systems.
The Central Bank of Iraq (CBI) is at the forefront of a significant shift, as highlighted in a recent insightful video from Edu Matrix featuring Sandy Ingram.
The CBI has initiated a strategic policy to reduce the circulation of physical Iraqi Dinar (IQD) banknotes, aiming to pave the way for a new digital currency.
This bold move, while forward-thinking, carries with it a complex interplay of opportunities and potential challenges that warrant closer examination.
The core of the CBI’s policy is a deliberate reduction in the supply of physical IQD banknotes. The primary driver behind this decision is to facilitate a seamless transition towards the newly introduced digital currency, a move that aligns Iraq with global financial trends embracing digital transformation.
On the surface, such a policy might appear to enhance the security and intrinsic value of the remaining physical banknotes. More broadly, it’s envisioned to modernize Iraq’s monetary system, potentially improving efficiency, reducing the costs associated with printing and managing physical cash, and enhancing overall currency security.
A particularly critical point highlighted in the Edu Matrix discussion is the uncertainty surrounding the exchangeability of older physical banknotes for the new digital format.
For the public and investors alike, clarity on this mechanism is not just important – it’s absolutely crucial for maintaining confidence and preventing instability.
In essence, the Central Bank of Iraq’s decision is a strategic leap towards a modernized, digital-first monetary system, mirroring a global trajectory. While it holds the promise of enhanced efficiency and security, its success hinges on navigating a complex web of challenges.
Clear, transparent communication, the establishment of robust digital infrastructure, and a thoughtful, inclusive implementation strategy will be vital to ensure that the benefits of this digital currency adoption are fully realized without destabilizing the Iraqi economy or leaving its citizens behind.
UK’s Bond Collapse Sends a Major Warning to the World, US Treasuries are Next
UK’s Bond Collapse Sends a Major Warning to the World, US Treasuries are Next
Sean Foo: 9-5-2025
Something’s brewing in the heart of the global financial system, and it has economists and investors alike paying close attention.
A recent video from economic analyst Sean Foo shines a harsh spotlight on the unfolding crisis gripping the British bond market – and why it’s far more than just a local problem. He argues it’s a chilling precursor to deeper economic distress on a global scale.
Imagine a government caught in a financial vise. That’s precisely the precarious situation the British government finds itself in.
UK’s Bond Collapse Sends a Major Warning to the World, US Treasuries are Next
Sean Foo: 9-5-2025
Something’s brewing in the heart of the global financial system, and it has economists and investors alike paying close attention.
A recent video from economic analyst Sean Foo shines a harsh spotlight on the unfolding crisis gripping the British bond market – and why it’s far more than just a local problem. He argues it’s a chilling precursor to deeper economic distress on a global scale.
Imagine a government caught in a financial vise. That’s precisely the precarious situation the British government finds itself in.
Despite multiple interest rate cuts from the Bank of England, bond yields are soaring to a staggering 27-year high. This signals a deep lack of confidence from investors in the UK’s ability to manage its burgeoning debt.
The numbers are stark: the UK’s debt-to-GDP ratio stands at a daunting 100%. What makes this particularly alarming for Britain, unlike the United States, is its lack of a global reserve currency.
This crucial difference severely limits its options to navigate this debt crisis without risking the perilous path of hyperinflation.
The government is caught in a classic fiscal bind. Increase taxes significantly without major spending cuts? You risk shrinking the private sector, suffocating economic growth, and ultimately creating a vicious cycle of rising borrowing costs and declining investor confidence. It’s a no-win scenario that demands drastic action.
The crisis isn’t solely internal. External forces are also playing a significant role. The ongoing trade war with the United States, for instance, imposes tariffs that undermine UK exports, further straining public finances already under immense pressure.
Compounding this, the pound sterling has suffered a sharp decline. While a weaker currency can sometimes boost exports, in this scenario, it’s primarily adding inflationary pressures and raising the cost of essential imports and production. Businesses face higher input costs, which inevitably get passed on to consumers already battling a cost-of-living crisis.
Sean Foo meticulously draws unsettling parallels between the UK’s predicament and looming challenges in the US Treasury market.
While the US benefits immensely from the dollar’s global reserve currency status – a significant advantage the UK lacks – it’s not immune to the debt spiral fueled by unprecedented government spending and borrowing. Rising bond yields and massive refinancing needs aren’t unique to London; they represent a significant risk for Washington too.
The video serves as a sobering reminder: without drastic fiscal adjustments, including significant spending cuts, both the UK and US debt markets could face severe crises.
The urgent need for fiscal discipline, cautious monetary policy, and the resolution of trade conflicts are not just buzzwords; they are critical lifelines to prevent a deepening crisis in sovereign debt markets worldwide.
The UK’s bond market isn’t just a local concern; it’s a flashing red light for global debt market instability, particularly highlighting the imminent risks facing the US Treasury market. Understanding these dynamics is crucial for anyone navigating today’s economic landscape.
For a deeper dive into the mechanics of this crisis and its global implications, you absolutely need to watch Sean Foo’s full video. Don’t miss out on these vital insights.
Seeds of Wisdom RV and Economic Updates Wednesday Morning 9-3-25
Good Morning Dinar Recaps,
SEC and CFTC’s New Joint Guidance Opens the Door to Mainstream Crypto Adoption
For the first time, U.S. regulators have confirmed that major registered exchanges can list spot crypto products, signaling a breakthrough for digital asset markets.
Historic Joint Statement
In a landmark move, the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) issued a joint statement clarifying that registered U.S. exchanges are not prohibited from facilitating the trading of certain spot crypto asset products.
Good Morning Dinar Recaps,
SEC and CFTC’s New Joint Guidance Opens the Door to Mainstream Crypto Adoption
For the first time, U.S. regulators have confirmed that major registered exchanges can list spot crypto products, signaling a breakthrough for digital asset markets.
Historic Joint Statement
In a landmark move, the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) issued a joint statement clarifying that registered U.S. exchanges are not prohibited from facilitating the trading of certain spot crypto asset products.
The guidance applies to:
CFTC-registered Designated Contract Markets (DCMs)
Foreign Boards of Trade (FBOTs)
SEC-registered National Securities Exchanges (NSEs)
This development represents the strongest signal yet that U.S. regulators are aligned in supporting digital asset innovation under federal market structures.
Project Crypto and Crypto Sprint
The announcement builds on two key regulatory initiatives:
SEC’s Project Crypto – advancing frameworks for digital asset markets.
CFTC’s Crypto Sprint – launched last month to solicit public input on listing spot crypto contracts on DCMs.
"Today's joint staff statement represents a significant step forward in bringing innovation in the crypto asset markets back to America," said SEC Chairman Paul Atkins.
Industry Reactions
Market leaders quickly welcomed the development.
“The joint statement gives major U.S. exchanges the green light to offer spot trading on leading digital assets,” said Alexander Blume, CEO of Two Prime Digital Assets. “This opens the door for even more mainstream adoption.”
Matthew Sigel, VanEck’s head of digital asset research, added: “The NYSE, Nasdaq, CBOE, CME, etc., will soon have spot trading for BTC, ETH, and more.”
Gerald Gallagher, general counsel for the Sei protocol, wrote: “The turf wars are ending. The SEC and CFTC are rowing in the same direction.”
Why This Matters
Until now, spot crypto trading in the U.S. was largely confined to platforms like Coinbase, Kraken, and Gemini — none of which are national securities exchanges or designated contract markets. With this joint statement, the biggest U.S. exchanges — Nasdaq, NYSE, CME — are now positioned to list crypto spot products.
This comes as the Trump administration pushes to make the U.S. the “crypto capital of the world,” having already signed the first federal stablecoin law earlier this summer. A broader crypto market structure bill is still under development in Congress.
Key Takeaway
The SEC and CFTC’s joint stance marks a turning point: U.S. regulators are aligned on crypto spot trading, opening the door to mainstream adoption through traditional exchanges. This move validates digital assets as a core part of America’s financial infrastructure going forward.
@ Newshounds News™
Source: The Block
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Ripple Custody Targets $16T Tokenization Market With Institutional-Grade Security
Ripple is positioning its custody platform as the backbone of institutional digital finance, aiming to capture a share of the $16 trillion tokenization wave expected by 2030.
Custody Takes Center Stage
Ripple is doubling down on custody as the core of its digital asset strategy. With projections that 10% of global assets will be tokenized and traded on-chain within five years, the company says institutions need bank-grade solutions to secure their digital holdings.
In a blog post amplified by SBI CEO Yoshitaka Kitao, Ripple argued that custody is no longer optional: it’s the foundation of trust that enables banks and enterprises to scale into the tokenized economy.
Safekeeping as the Foundation of Trust
Ripple Custody’s first mission is clear: protect private keys with impenetrable security. The platform delivers:
Bank-grade private key storage
Flexible deployment options (SaaS or on-premise)
Compliance-ready frameworks to meet global regulatory standards
Ripple notes that one breach can wipe out institutional trust, while strong custody infrastructure sets the stage for long-term growth in tokenized assets like real estate, treasuries, and cryptocurrencies.
Stablecoins at Scale
Ripple Custody isn’t just about safekeeping — it’s also about enabling the full stablecoin lifecycle. Institutions can mint, burn, and manage stablecoins across both the XRP Ledger and EVM-compatible blockchains.
Société Générale FORGE recently launched its euro-backed stablecoin (EURCV) on the XRP Ledger.
In South Korea, BDACS is leveraging Ripple’s own institutional stablecoin, RLUSD, for payment solutions.
These cases highlight Ripple’s push to become the infrastructure layer for stablecoin settlement worldwide.
Governance Made Simple
To reduce friction in banking operations, Ripple Custody automates back-end processes that traditionally slow institutions down. Features include:
Automated settlements and reconciliations
Integrated reporting and compliance
Support for both public and private blockchains
The goal is to help banks cut costs, reduce operational risk, and align institutional processes with a market moving at digital speed.
Why This Matters
Ripple Custody is already trusted by banks in more than 15 countries, and its reach is growing. With $16 trillion in tokenized assets projected by 2030, the institutions that lead on custody will also lead in global finance’s next chapter.
By combining security, stablecoin infrastructure, and automation, Ripple is positioning itself as the go-to custodian for the tokenized future.
Key Takeaway
Custody is no longer just a support service — it is the foundation of the tokenized economy. Ripple Custody’s secure, scalable infrastructure makes it a frontrunner to capture the institutional market as trillions in assets move on-chain.
@ Newshounds News™
Source: Coinpedia
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Milei Introduces Bill to Halt Money Issuance in Argentina’s Congress
Argentina’s president seeks to enshrine a zero-issuance monetary framework into law, banning deficit financing through money printing and imposing penalties on violators.
A New Fiscal and Monetary Framework
President Javier Milei has introduced the “Draft Law on National Commitment to Fiscal and Monetary Stability” to Argentina’s Congress. The proposal aims to permanently ban governments from using central bank money issuance to finance state expenditures, embedding Milei’s strict fiscal discipline into the country’s legal framework.
According to presidential spokesperson Manuel Adorni, the bill’s central objective is ensuring that all state budgets must balance without relying on printing unbacked cash. Any spending outside of approved budget laws will be prohibited, and officials attempting to execute unauthorized expenses will face penalties.
Nullifying Fiscal Loopholes
Adorni stressed that any regulation that undermines fiscal balance will be considered null and void. The legislation specifies that new crimes will be codified to punish officials who breach its statutes, strengthening accountability within Argentina’s fiscal system.
"All regulations that violate these provisions will be null and void, meaning there will be no laws that undermine fiscal balance and do not establish how planned expenditures will be financed," Adorni stated.
Context: Austerity and the Chainsaw Model
Since taking office, Milei has pursued what he calls the “chainsaw” model — slashing thousands of public sector jobs, shrinking state institutions, and vetoing spending bills that relied on deficit financing.
His administration recently vetoed Congressional proposals to expand pensions and emergency disability spending, citing that such measures could only be funded by new money issuance — exactly what Milei’s policy seeks to outlaw.
These austerity measures have delivered tangible results:
Inflation slowed significantly after years of hyperinflationary pressure.
The Argentine peso stabilized against the U.S. dollar.
Poverty levels declined modestly, according to government reports.
Criticism and Concerns
Despite early signs of stabilization, critics warn Milei’s approach could create new risks. Saifedean Ammous, economist and author of The Bitcoin Standard, argued that Argentina is trading one crisis for another, warning the country may face a debt default scenario if austerity measures are pushed too far.
Milei’s political opponents also argue that his cuts have disproportionately hurt vulnerable populations, creating social strain even as macroeconomic indicators improve.
Why This Matters
If passed, Milei’s bill would lock Argentina into a new monetary orthodoxy where governments can no longer resort to money printing to finance deficits. Supporters say this could restore credibility to Argentina’s fiscal system and prevent a return to hyperinflation. Critics counter that it risks reducing the state’s flexibility during times of crisis.
Either way, the proposal marks a defining moment in Argentina’s economic experiment — a test of whether extreme monetary restraint can finally bring lasting stability to one of the world’s most inflation-prone economies.
Key Takeaway
Milei’s draft law represents more than just policy — it’s a structural shift in Argentina’s monetary rules. By outlawing deficit financing through money issuance, Milei is betting that hard limits on government spending will anchor stability, even at the cost of austerity.
@ Newshounds News™
Source: Bitcoin.com
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The Data is a Lie’: Analyst Who Called 3 Crashes Reveals What’s Really Happening
The Data is a Lie’: Analyst Who Called 3 Crashes Reveals What’s Really Happening
Kitco News: 9-2-2025
In this in-depth interview, 49-year market veteran Bert Dohmen sits down with Jeremy Szafron to deliver a stark warning about the state of the global markets and economy.
Dohmen, who famously called the crashes of 1987, 2000, and 2008, reveals why he believes official economic data is a lie and how record speculation has created the most dangerous "bull trap" in history.
The Data is a Lie’: Analyst Who Called 3 Crashes Reveals What’s Really Happening
Kitco News: 9-2-2025
In this in-depth interview, 49-year market veteran Bert Dohmen sits down with Jeremy Szafron to deliver a stark warning about the state of the global markets and economy.
Dohmen, who famously called the crashes of 1987, 2000, and 2008, reveals why he believes official economic data is a lie and how record speculation has created the most dangerous "bull trap" in history.
In this exclusive conversation, Dohmen exposes what he calls the "Bureau of Lying Statistics," gives his forecast for a major market downturn, slams Bitcoin as a "figment of the imagination," and details his controversial geopolitical thesis that a "return to colonialism" for resources is driving global conflict.
IN THIS INTERVIEW:
0:00 - Market on Edge: Gold Hits All-Time Highs, Economy in Contraction
1:45 - "The Markets Are a Game": How Algos Control Everything
5:55 - Market Valuations: "Worse Than 1929 is Coming"
7:34 - $1 Trillion in Margin Debt: A "Fiasco of Foreclosures" Ahead
12:20 - "Bureau of Lying Statistics": Why US Economic Data is a Lie
14:43 - Bitcoin Takedown: "A Figment of the Imagination, A Big Scam"
19:33 - Lessons From Past Crashes & The 2007 Rule Change That "Screwed the Market"
21:34 - The 2031 Gold Price Target & Long-Term Cycle
24:37 - The Gold & Silver Paradox: What Investors Must Do in a Crash
25:30 - The New Alliance: Russia, China & India Challenge the US Dollar
28:05 - Geopolitical "Endgame": The Real Reason for Conflict in Gaza
29:58 - "Return to Colonialism": Dohmen's Explosive Thesis on Venezuela
34:40 - The Truth About Inflation & The Fed's "Historic Policy Error"
40:00 - Why Silver Will Outperform Gold
42:00 - The ONE Thing That Will Prove His Thesis Wrong
Seeds of Wisdom RV and Economic Updates Monday Morning 9-1-25
Good morning Dinar Recaps,
Trump Mulls Post-War Gaza Plan Featuring Tokenized Land
Report suggests US takeover of Gaza with blockchain-based land tokens for Palestinians
US Trusteeship and the GREAT Trust
The Washington Post reports that a 38-page prospectus, titled the Gaza Reconstitution, Economic Acceleration and Transformation Trust (GREAT Trust), is circulating within the Trump administration.
Good morning Dinar Recaps,
Trump Mulls Post-War Gaza Plan Featuring Tokenized Land
Report suggests US takeover of Gaza with blockchain-based land tokens for Palestinians
US Trusteeship and the GREAT Trust
The Washington Post reports that a 38-page prospectus, titled the Gaza Reconstitution, Economic Acceleration and Transformation Trust (GREAT Trust), is circulating within the Trump administration.
The plan would see the United States take over Gaza under a trusteeship for at least 10 years. It proposes a “voluntary” relocation program for Gaza’s two million residents, offering them digital land tokens in exchange for their property. These tokens could later be redeemed for housing in newly built “smart cities” or for relocation elsewhere.
Residents would also receive temporary support, including four years of rent subsidies, food assistance for one year, and a $5,000 relocation stipend.
Criticism and Legal Questions
The plan has already sparked backlash. The Council on American-Islamic Relations (CAIR) called the tokenization scheme “morally abhorrent and illegal under international law,” warning that it would amount to “a war crime of historic proportions.”
The Washington Post further noted that the proposal was developed by the same individuals behind the US- and Israel-backed Gaza Humanitarian Foundation, with financial planning support from a team formerly with the Boston Consulting Group.
Blockchain Registry and Tokenized Land
A central feature of the proposal is a blockchain-based land registry. Gaza’s land would be tokenized into fractional units that could be:
Sold to investors on secondary crypto markets
Used to fund reconstruction and humanitarian projects
Traded digitally, with all transactions recorded on blockchain
Gazan landowners would be issued tokens upon handing over their land, redeemable for either cash or apartments in the strip’s future smart cities. The plan also claims that relocating residents outside Gaza would reduce costs by $23,000 per person.
Returns from the scheme are pitched as reinvestments into a “Palestinian Wealth Fund” for future generations.
Smart Cities and Mega-Projects
Beyond tokenization, the prospectus outlines ambitious development goals, including:
6–8 AI-powered smart cities with digital ID-based economies
10 mega-projects such as ports, highways, a railway, an AI datacenter
Dubai-style artificial resort islands
An “Elon Musk Smart Manufacturing Zone”
The Trump administration has increasingly tied its Middle East economic strategy to blockchain and tokenization. Trump himself remarked earlier this year that the US should “take over” Gaza to make it the “Riviera of the Middle East.”
Why This Matters
If pursued, this plan would represent one of the most radical applications of blockchain to geopolitics and post-war reconstruction. While supporters argue it offers a path to rebuild Gaza through digital finance, critics view it as a form of land dispossession and forced displacement under the guise of innovation.
@ Newshounds News™
Source: Cointelegraph
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What’s Behind XRP’s Move to DeFi?
Ripple is steering XRP into a new era with institutional backing, wrapped tokens, and yield-generating protocols
Turning Point for XRP in 2025
This year has been pivotal for XRP. In July, the token surged to an all-time high of $3.58, fueled by legal clarity and institutional rotation into under-owned digital assets. Ripple’s launch of the RLUSD stablecoin added momentum, while new technical upgrades are expanding XRP’s reach into decentralized finance (DeFi).
The catalyst came when the SEC dropped its case against Ripple, removing years of regulatory uncertainty. Coupled with the Trump administration’s pro-crypto GENIUS Act, institutional capital began flowing more freely into XRP. The token is increasingly being revalued not as a speculative play, but as a capital layer within a broader financial system.
Institutional Concentration and Exchange Integration
XRP’s ownership dynamics reflect its institutional character. Roughly 41% of supply sits in the top 10 wallets, over 70% in the top 100—patterns more in line with traditional financial assets than retail-driven tokens.
Coinbase added to this momentum in July by launching cbXRP, a wrapped token backed 1:1 by XRP for cross-chain use. DeFi lending protocol Moonwell was first to integrate cbXRP, allowing users to lend and borrow with it. Liquidity on Moonwell has already surpassed $1.2 million, marking a meaningful first step in XRP’s decentralized journey.
These shifts highlight how XRP is moving beyond simple exchange trading into structured financial infrastructure.
Expanding Into DeFi
Ripple’s ecosystem expansion continues through interoperability and smart contract functionality. The XRPL EVM sidechain is opening doors to broader DeFi integrations, while Flare Network is building dedicated infrastructure for “XRPFi.”
Flare’s FAssets allow XRP to be wrapped as FXRP in a non-custodial, smart contract–based framework, enabling cross-chain use without centralized intermediaries. Analysts see this as a natural next step. As Gabriel Halm of Sentora put it, XRP’s DeFi push is “an intuitive next step in creating a comprehensive finance ecosystem for XRP.”
Yield Opportunities on the Horizon
Right now, yield opportunities for XRP remain limited—cbXRP suppliers on Moonwell earn around 0.1%. But Flare’s upcoming Firelight Protocol could change that. Modeled after Ethereum’s EigenLayer, Firelight will enable staked XRP to secure new DeFi applications, unlocking additional yield streams and powering use cases like on-chain insurance.
Flare Co-Founder Hugo Philion described the vision: “Firelight offers on-chain XRP yield opportunities, both for institutions and retail holders, improving capital efficiency for XRP and further bolstering its utility.”
Looking Ahead
XRP’s story is evolving from short-term price action to structural transformation. With stablecoin integration, wrapped token adoption, institutional concentration, and new yield-generating protocols, XRP is positioning itself as both an institutional settlement layer and an emerging DeFi asset.
If adoption continues, XRP could solidify its role as a bridge between traditional finance and the decentralized economy.
@ Newshounds News™
Source: CryptoSlate
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Bank of China Stock Jumps Amid Rumors of Stablecoin Licensing Plans
Hong Kong’s new stablecoin regime sparks speculation as Bank of China explores digital asset opportunities
Stock Surge on Licensing Reports
The Bank of China’s Hong Kong branch saw its shares climb 6.7% on Monday, closing at HKD $37.58. The rally followed local media reports that the bank is preparing to apply for a stablecoin issuer license under Hong Kong’s newly launched regulatory regime.
The Hong Kong Economic Journal reported that the bank had formed a dedicated task force to explore stablecoin issuance. While Bank of China declined to comment, executives confirmed during last week’s earnings call that research into digital assets and risk management is ongoing.
Hong Kong’s Stablecoin Framework
On August 1, Hong Kong introduced its stablecoin licensing regime under the Hong Kong Monetary Authority (HKMA). Issuers must now meet strict standards around:
Reserve management and redemption guarantees
Segregation of client funds
Anti-money laundering compliance
Disclosure requirements and operator vetting
The framework closely follows the U.S. GENIUS Act, Washington’s first federal stablecoin law, and is already attracting major banks and fintech players. Standard Chartered has expressed interest, while Chinese tech giants JD.com and Ant Financial are also exploring applications abroad to support international business.
JD.com founder Richard Liu has said the company sees stablecoins as a tool to cut cross-border payment costs, starting with B2B transfers before expanding into consumer markets.
Institutional Interest and Market Potential
Vincent Chok, CEO of Hong Kong-based First Digital, emphasized the appeal: “Blockchain technology reduces settlement times and bypasses the traditional intermediary fees of banks,” he told Decrypt. The opportunity is particularly strong in emerging markets, where stablecoins can hedge against currency volatility.
Chok added: “The current trajectory suggests exponential growth in the next 2–5 years, as regulation provides clarity and adoption accelerates.”
Regulatory Caution
Despite the excitement, regulators are urging restraint. Both the Securities and Futures Commission (SFC) and the HKMA warned investors in mid-August that speculation-driven price moves could be misleading.
“These movements appear to follow corporate announcements, news reports, social media posts or speculations regarding plans to apply,” they noted. “Given the significant uncertainties surrounding the outcomes of these preliminary plans or applications, the abrupt market movements... highlight the need to stay vigilant.”
Why This Matters
If confirmed, Bank of China’s entry into stablecoin issuance would mark a major step for state-backed financial institutions in Hong Kong’s digital finance sector. It could also signal a broader alignment between China’s financial infrastructure and the global push toward regulated stablecoin adoption.
@ Newshounds News™
Source: Decrypt
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Putin, Xi, Modi Advance Anti-Dollar Pact With New SCO Bank
Shanghai Cooperation Organization summit signals historic shift in global financial power
Xi’s Strategy and the SCO Bank
The Shanghai Cooperation Organization (SCO) summit in Tianjin, China has drawn more than 20 world leaders — the largest attendance in the group’s history. Hosted by President Xi Jinping, the event brought together Russia’s Vladimir Putin and India’s Narendra Modi, alongside leaders from U.S. partners such as Turkey and Egypt.
At the center of the discussions is the creation of a new SCO bank, an initiative aimed at reducing reliance on the U.S. dollar and Western-dominated financial institutions. Observers say Xi is seizing on America’s strained alliances to present China as the second global power center.
As journalist David Pierson noted from the summit, China has effectively told Washington: “You are no longer calling the shots.”
Global Trade Shift and Financial Infrastructure
The SCO’s financial strategy is designed to bypass dollar-based systems through independent payment networks and alternative banking mechanisms. The initiative comes as Trump’s tariff policies push traditional U.S. allies closer to Beijing, while Modi’s participation signals India’s openness to exploring non-dollar trade solutions amid ongoing disputes with Washington.
Pierson underscored the broader implications: “The Trump administration has upended the U.S. alliance system. It’s gifting this incredible opportunity to Xi Jinping to pull friends away from the U.S.”
Military Display Reinforces Economic Message
Following the summit, China staged a large-scale military parade, underscoring its growing influence and its challenge to the Western-led financial and security order. The display reinforced the SCO’s positioning as not just an economic alliance, but a geopolitical counterweight to Washington.
Why This Matters
The SCO bank represents a direct challenge to dollar hegemony, combining financial, geopolitical, and military messaging. With members citing sanctions and autonomy as drivers, the bloc is accelerating the search for alternatives to U.S.-controlled financial systems.
As the anti-dollar pact strengthens, the global economic balance is being reshaped in real time, with China, Russia, and India at the forefront of building a parallel financial infrastructure.
@ Newshounds News™
Source: Watcher.Guru
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“Tidbits From TNT” Saturday Morning 8-30-2025
TNT:
Tishwash: Iraqi Embassy in Washington: Iraq is not affiliated with any country.
The Iraqi Embassy in Washington affirmed that Iraq enjoys full sovereignty and has the right to conclude agreements and memoranda of understanding in accordance with the provisions of its constitution and national laws, and in a manner consistent with its supreme interests.
The embassy explained, in a statement issued in response to the remarks of the US State Department spokesperson, that Baghdad maintains friendly and cooperative relations with many countries around the world, including the United States and neighboring countries, and is keen to build these relations on the basis of mutual respect and shared interests.
TNT:
Tishwash: Iraqi Embassy in Washington: Iraq is not affiliated with any country.
The Iraqi Embassy in Washington affirmed that Iraq enjoys full sovereignty and has the right to conclude agreements and memoranda of understanding in accordance with the provisions of its constitution and national laws, and in a manner consistent with its supreme interests.
The embassy explained, in a statement issued in response to the remarks of the US State Department spokesperson, that Baghdad maintains friendly and cooperative relations with many countries around the world, including the United States and neighboring countries, and is keen to build these relations on the basis of mutual respect and shared interests.
She stressed that Iraq "is not subservient to the policies of any country," and that its decisions stem from its independent national will.
In this context, the embassy noted that the security agreement recently signed with Iran is part of bilateral cooperation to maintain security and control the shared border, contributing to the stability of both countries and the security of the region. link
Tishwash: The Central Bank of Iraq: Infrastructure, legislation, and community awareness to promote electronic payments.
Central Bank Governor Ali Al-Alaq announced on Saturday the issuance of instructions and regulations to regulate electronic payments across three aspects.
While revealing a mechanism for developing the electronic payment process, he also affirmed that all state institutions are required to use electronic payments, not cash.
Al-Alaq said in a statement to the official agency, followed by ( IQ ): “Electronic payment is witnessing significant development, and it is a gateway to the digital transformation towards a digital economy for a larger issue related to the economic structure and global interaction, to achieve greater financial inclusion, and all of these aspects have become fixed and advanced strategies.”
He pointed out that "the Central Bank, along with the government, the private sector, electronic payment companies, and technology companies, are all engaged in this massive and ongoing effort. We have regulatory and legislative technical initiatives and directions being worked on in coordination between the Central Bank of Iraq and the Iraqi government."
He added, "There is cooperation and coordination with the government through the decision issued by the Council of Ministers requiring all state institutions to use electronic payments instead of cash.
There is also the localization of salaries, which amounts to millions, in addition to public awareness being conducted through electronic payment companies and civil society organizations. There is growing community awareness."
He explained that "progress in electronic payments requires infrastructure, a legislative framework, and community awareness. These are three aspects that are being worked on diligently.
Much of the infrastructure at the Central Bank level has been completed in an advanced manner, fully in line with international practices and legislative frameworks. We have issued numerous instructions and regulations that regulate the process, but we need more in the third aspect, which is community and cultural awareness." link
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Tishwash: Oil Minister: Signing a contract with the American company Schlumberger to increase production from the Akkas field to 100 million cubic feet per day.
Today, Thursday (August 28, 2025), Deputy Prime Minister for Energy Affairs and Minister of Oil, Eng. Hayan Abdul-Ghani Al-Sawad, chaired the eighth session of the Opinion Board at the Ministry’s headquarters, with the participation of undersecretaries, advisors, and general managers.
During the meeting, the Minister said that the Ministry has achieved self-sufficiency in gas oil and kerosene, and is continuing work on completing the FCC projects in Basra and improving naphtha in Kirkuk, with the aim of achieving self-sufficiency in gasoline during the current year.
He pointed to the opening of the grease refinery at the Northern Refineries Company, which will meet approximately 70% of the country's needs, directing refinery companies to develop these projects to achieve full self-sufficiency.
Abdulghani also announced the signing of a contract with Schlumberger to increase production rates in the Akkas field to 100 million standard cubic feet per day, in addition to signing an agreement in principle with the American company Chevron to develop four exploration blocks in the Dhi Qar oil field and the Balad oil field.
The session discussed a number of topics on the agenda, and made decisions and recommendations aimed at developing the oil sector and enhancing cooperation with specialized international companies link
Mot: Not Funny!!! ~~~ LOL
Mot: . an ole ""Motisum"" fur da Weekend!!!!
The Groundwork for the New Economic System
The Groundwork for the New Economic System
Gregory Mannarino: 8-27-2025
Do you ever get the feeling that the economic and political gears are grinding in a way that feels… intentional? That what’s happening isn’t just a series of random events, but part of a much larger, orchestrated transition?
Financial analyst Gregory Mannarino isn’t just watching the news; he’s dissecting a profound, and he argues, deliberate transition towards a new systemic order. In his latest thought-provoking video, Mannarino lays bare a critical analysis of our current landscape, revealing how the very structure of our society is being reshaped right before our eyes.
The Groundwork for the New Economic System
Gregory Mannarino: 8-27-2025
Do you ever get the feeling that the economic and political gears are grinding in a way that feels… intentional? That what’s happening isn’t just a series of random events, but part of a much larger, orchestrated transition?
Financial analyst Gregory Mannarino isn’t just watching the news; he’s dissecting a profound, and he argues, deliberate transition towards a new systemic order. In his latest thought-provoking video, Mannarino lays bare a critical analysis of our current landscape, revealing how the very structure of our society is being reshaped right before our eyes.
One of the most striking insights Mannarino presents is the idea that the current system is strategically engineered to foster dependency. By making us deeply reliant on the existing framework, the architects of this change are, in his view, paving the way for a smoother, albeit unsettling, shift into a new economic and political structure.
These aren’t isolated incidents; Mannarino frames them as interconnected components of a grand design, all serving to facilitate the move to a different framework.
But perhaps the most profound transformation Mannarino discusses is what he calls the “final act” in a broader series exploring systemic changes. This refers to the accelerating fusion of corporate power with government authority.
Imagine a world where the lines between immense corporate entities and the governing bodies are not just blurred, but virtually erased. This isn’t merely collaboration; it’s a deep, systemic integration that has enormous implications for our freedoms, our economy, and the very fabric of society. This convergence signifies a shift of immense proportions, fundamentally altering who holds power and how decisions are made.
Mannarino stresses that his analysis isn’t a one-off warning; it’s a comprehensive series, with each part building upon previous insights to create a complete understanding of this evolving landscape. He urgently encourages viewers to engage deeply, as piecemeal understanding simply won’t suffice.
However, he expresses concern that only about a quarter of his audience is actively absorbing the full scope of this critical information. In an era where information overload is common, it’s easy to skim the surface. But Mannarino’s message is clear: understanding this evolving landscape isn’t just academic; it’s crucial for preparing for future realities shaped by these transformative forces.
This isn’t just a forecast; it’s a critical juncture in systemic evolution. Mannarino’s call to deeper engagement serves as both a warning and an invitation to equip yourself with the knowledge needed to navigate the profound changes ahead.
Ready to dive deeper and understand the true forces at play?
MilitiaMan and Crew: Iraq Dinar News Update-REER Support-$500 Billion-K2-Rafidain
MilitiaMan and Crew: Iraq Dinar News Update-REER Support-$500 Billion-K2-Rafidain
8-28-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Follow MM on X == https://x.com/Slashn
Be sure to listen to full video for all the news……..
MilitiaMan and Crew: Iraq Dinar News Update-REER Support-$500 Billion-K2-Rafidain
8-28-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Follow MM on X == https://x.com/Slashn
Be sure to listen to full video for all the news……..
“Tidbits From TNT” Monday Morning 8-25-2025
TNT:
Tishwash: Can budget tables save Iraq from a financial crisis? An expert answers.
Political and economic circles are anticipating the budget tables will be submitted to Parliament within the next two months, amid questions about their ability to address a potential financial crisis.
In this context, economic expert Salah Nouri explained to {Euphrates News} that "the success of these schedules depends on several key factors, most notably the nature of the spending schedules. If an austerity portfolio focuses on only necessary expenditures, it may mitigate the severity of the crisis."
TNT:
Tishwash: Can budget tables save Iraq from a financial crisis? An expert answers.
Political and economic circles are anticipating the budget tables will be submitted to Parliament within the next two months, amid questions about their ability to address a potential financial crisis.
In this context, economic expert Salah Nouri explained to {Euphrates News} that "the success of these schedules depends on several key factors, most notably the nature of the spending schedules. If an austerity portfolio focuses on only necessary expenditures, it may mitigate the severity of the crisis."
He added, "It also requires resolving issues with the US Federal Reserve to ensure the full transfer of oil revenues."
Nouri stressed the "necessity of maintaining the planned oil selling price in the general budget, which reaches $70 per barrel," noting that "taking these factors into account will be a decisive factor in the budget's ability to confront financial challenges and ensure economic stability for the country. link
Tishwash: Association of Banks: Payment points increased to 60,000, and more than 18 million electronic cards were issued.
The Iraqi Private Banks Association announced on Sunday the issuance of more than 18 million electronic payment cards across the country, while noting that the number of payment points has increased to approximately 60,000.
Ali Tariq, executive director of the Iraqi Private Banks Association, told the Iraqi News Agency (INA), "The issuance of electronic cards in the country is witnessing a significant increase, particularly following government decisions to promote electronic payments and oblige government and private institutions to collect electronically."
He explained that "the number of cards issued has exceeded 18 million in Iraq, while the number of electronic payment points has increased from 7,000 to approximately 60,000, with further increases expected in the coming period."
He added, "Banks continue to support various projects," explaining that "financial ceilings for small, medium, and large projects are determined by each financial institution based on the nature of the project, its capital, and the number of employees link
************
Tishwash: Iraqi markets teeter between the official and parallel currencies. A relentless struggle drives up the exchange rate.
It appears that government measures and the Central Bank's attempts to control the dollar exchange rate have not achieved complete success, as exchange rates continue to witness significant fluctuations in the markets, amid increasing pressures resulting from unofficially covered demand, smuggling operations, and the complications of recent customs decisions.
The US dollar exchange rate rose in the markets of Baghdad and Erbil, the capital of the Kurdistan Region, after successive declines witnessed in recent days, raising concerns among citizens and traders alike.
The Al-Kifah and Al-Harithiya stock exchanges in Baghdad recorded 141,600 dinars for $100, while the selling price in exchange shops in local markets recorded 142,500 dinars for $100, after the dollar recorded 139,000 dinars for $100 this month.
Experts believe that the continued fluctuation reflects the limited impact of government measures and the Central Bank, as unofficial market factors, such as demand related to trade with neighboring countries and smuggling through ports, continue to pressure the stability of the dinar.
These people point out that addressing the crisis requires broader solutions than just financial decisions, including reforming the customs system, strengthening control over border crossings, and revitalizing non-oil economic sectors to reduce excessive reliance on the dollar.
Expectations of Rise
In turn, economic expert Ahmed Abd Rabbo expects a further rise in the dollar exchange rate, noting that the previous decline was a result of the downturn witnessed in the markets, which created a state of anxiety in financial transactions.
Abd Rabbo told Al-Mada that "the talk about the suspension of some remittances and problems with online shopping led to a rush on the dollar in the parallel market, which will lead to a renewed rise in the price."
He added that "stabilizing the dollar price requires practical plans and real market control, so that the Central Bank can understand the problems and seek effective solutions through the banking system," stressing that "such steps will contribute to controlling prices and calming the market."
He pointed out that "seriously addressing the factors affecting supply and demand, in addition to monitoring parallel market movements, are key to achieving real stability in the dollar price."
Traders point out that the gap between the official and parallel markets still exists, which opens the door to daily speculation and makes any temporary decline vulnerable to rapid dissipation. While citizens are optimistic about any decline in the exchange rate, concerns remain about a renewed rise, accompanied by a new wave of inflation that will put pressure on the livelihood of Iraqi families.
Three main factors
For his part, financial and banking expert Abdul Rahman Al-Shaikhly attributed the reasons for the fluctuations in the dollar exchange rate in Iraq to three main factors, stressing that these factors work together to increase pressure on the market.
Al-Shaikhly explained to Al-Mada that "the first reason is the scarcity of supply compared to the increasing demand, which creates a state of tension in the exchange market."
He added, "The second reason is the insistence of many traders on importing their goods from neighboring banned countries, especially in light of the Central Bank's occasional delay in providing dollars to importers through official outlets. The third reason is the price difference between the official market and the parallel market, which has encouraged speculators to take advantage of this disparity, especially in light of the current increase in demand."
He stressed that "understanding these reasons and taking measures to control supply and demand, in addition to monitoring price differences between markets, represents an important step towards stabilizing the dollar price in Iraqi markets."
The Iraqi public had been optimistic about the decline in the dollar price in recent weeks, hoping that this would be reflected in price stability and a decline in commodity costs. However, the ongoing volatility has dispelled these expectations, after the price rose again, affected by the increase in demand that is not officially covered and the slowness of government solutions, which has left the public facing renewed concerns about a new wave of looming inflation. link
Mot: .. ole ""Opal's"" at it again!!!
MilitiaMan and Crew: Iraq Dinar News Update-WTO-Currency-Investment-Global
MilitiaMan and Crew: Iraq Dinar News Update-WTO-Currency-Investment-Global
8-23-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
MilitiaMan and Crew: Iraq Dinar News Update-WTO-Currency-Investment-Global
8-23-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Seeds of Wisdom RV and Economic Updates Friday Morning 8-22-25
Good morning Dinar Recaps,
Fed Chair Jerome Powell Faces Delicate Balancing Act in Jackson Hole Speech Today
When Federal Reserve Chair Jerome Powell takes the stage today at the annual Jackson Hole, Wyoming economic forum, he will face mounting pressures—from President Trump’s repeated calls for his resignation to a recent stream of worrying economic data.
Good morning Dinar Recaps,
Fed Chair Jerome Powell Faces Delicate Balancing Act in Jackson Hole Speech Today
When Federal Reserve Chair Jerome Powell takes the stage today at the annual Jackson Hole, Wyoming economic forum, he will face mounting pressures—from President Trump’s repeated calls for his resignation to a recent stream of worrying economic data.
Powell, whose term as Fed Chair ends in May 2026, will likely deliver his last major policy speech as head of the central bank. The event, hosted by the Federal Reserve Bank of Kansas City, is closely watched because it provides a stage for Fed officials to signal views on the economy and future monetary policy direction.
Focus on Rates at Jackson Hole
A key issue is whether Powell will hint at the Fed’s next interest rate decision, scheduled for Sept. 17.
President Trump has pushed the Fed to cut rates, citing solid economic data and muted inflation.
Powell, however, has emphasized a “wait and see” approach, especially as the Fed evaluates the impact of tariffs on consumer prices.
Meanwhile, new signals—such as slowing job growth and inflation showing its largest increase in three years—complicate the picture.
Melissa Brown, Managing Director of Investment Decision Research at SimCorp, summed it up:
“You have this political pressure balanced off against the economic pressure, which makes Powell’s job particularly difficult.”
The Fed declined to comment ahead of Powell’s remarks. The Kansas City Fed will livestream the speech Friday at 10 a.m. Eastern Time on YouTube.
Will the Fed Cut Rates?
Powell is expected to avoid confirming whether the Federal Open Market Committee (FOMC) will lower rates in September.
By design, Fed decisions are kept private until officially announced to avoid market disruption and to maintain independence from political pressure.
Before the Sept. 16–17 meeting, the Fed will receive two key reports:
Labor Department jobs report (Sept. 5)
Consumer Price Index (CPI) (Sept. 11)
Recent political tension has risen after the head of the Labor Statistics Bureau was fired in August, following a sharp slowdown in reported job creation—figures that President Trump openly questioned.
Mike Sanders, Head of Fixed Income at Madison Investments, explained:
“I don’t think Powell can push the narrative toward cutting because that leaves him no option but to cut. He has to signal data-dependence.”
Markets, however, are already betting on a cut. FactSet data shows an 88% chance of a 0.25% rate reduction in September.
Last year at Jackson Hole, Powell hinted at cuts, which materialized the following month with a 0.50% rate reduction.
Dual Mandate, Conflicting Signals
Powell also faces the Fed’s dual mandate:
Maximize employment
Maintain stable prices (inflation control)
These mandates often conflict:
Cutting rates may boost job growth but risk higher inflation.
Holding rates steady may stabilize inflation but slow employment growth.
Economist Will Denyer (Gavekal Research) noted the Fed may face a stagflation risk—a combination of slow growth and rising inflation, considered the “Fed’s nightmare scenario.”
Minutes from the July 30 FOMC meeting reveal that some members still worry supply-chain disruptions could keep inflation elevated, confirming that inflation remains a central concern.
Oxford Economics Chief U.S. Economist Ryan Sweet added:
“The labor market will be the swing factor on whether the Fed cuts interest rates in September or not.”
@ Newshounds News™
Source: CBS News
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US House Adds CBDC Ban to Massive Defense Policy Bill
The House has quietly slipped a provision banning the Federal Reserve from issuing a digital currency into an almost 1,300-page defense policy bill, underscoring how the debate over money’s future has become tied to national security legislation.
The move comes through a revision of HR 3838, the House’s version of the National Defense Authorization Act (NDAA), shared Thursday by the House Rules Committee. The language is sweeping: it bans the Federal Reserve from studying, developing, or creating any digital currency.
The House had already passed a separate CBDC-ban bill in July — the Anti-CBDC Surveillance State Act — by a razor-thin margin of 219–210. But that measure faced a steep uphill battle in the Senate. By inserting the ban into the NDAA, lawmakers have effectively hitched it to must-pass national security funding, increasing its odds of survival.
Why It Matters
The NDAA is among the most critical annual bills in Congress, setting defense budgets and military priorities. It is also notorious as a vehicle for non-defense riders that would otherwise stall if brought as standalone measures. By embedding a CBDC prohibition here, House Republicans have dramatically shifted the battleground.
House leaders promised the CBDC ban in July as part of a deal with conservative hardliners.
A group of GOP holdouts had refused to advance three crypto-related bills unless a ban was guaranteed, stalling floor debate for over nine hours — the longest delay in House history.
The logjam broke only after House Majority Leader Steve Scalise pledged that the ban would be added to the NDAA.
What the Provision Does
The language would:
Ban the Federal Reserve from issuing a CBDC or any digital asset.
Block the central bank from offering financial products or services directly to individuals.
Prohibit the Fed from even “testing, studying, developing, creating, or implementing” a digital currency.
Allow a carve-out for stablecoins, clarifying that the bill does not prohibit “any dollar-denominated currency that is open, permissionless, and private.”
Historical Context
Republicans have long targeted CBDCs as a threat to financial privacy and state overreach.
In early 2023, Representative Tom Emmer introduced the CBDC Anti-Surveillance State Act, but it died in the previous Congress.
Emmer has since reintroduced the bill, framing it as aligned with President Donald Trump’s January executive order prohibiting CBDCs.
With its new place in the NDAA, however, the CBDC ban is no longer a fringe fight — it is now tethered to America’s broader defense and security posture.
@ Newshounds News™
Source: Cointelegraph
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CFTC Launches Crypto Sprint With Public Consultation Open Until October 20, 2025
The Commodity Futures Trading Commission (CFTC) has opened its latest “crypto sprint,” a major step in advancing President Trump’s digital asset agenda. This initiative, running through October 20, 2025, invites public feedback from industry leaders, investors, and everyday users to help shape the next phase of U.S. crypto market rules.
Working in tandem with the SEC, the sprint underscores a push for stronger federal oversight of spot trading, signaling that digital assets have become a priority at the highest levels of government.
Focus on Spot Market Oversight
Acting Chairman Caroline D. Pham announced that the sprint will begin immediately, with a focus on:
Federal-level trading rules to strengthen spot market oversight.
Expanded attention to leveraged, margined, and retail trading risks.
Alignment with the SEC’s “Project Crypto”, in direct response to Trump’s call for U.S. leadership in digital assets.
Calling this the start of a “Golden Age of innovation,” Pham urged the industry to embrace both growth and responsible regulation as central to U.S. competitiveness in global digital finance.
Expanding Oversight Beyond Spot Trading
This is the second CFTC crypto sprint in recent weeks:
The first focused specifically on spot trading.
The new phase expands to broader market structure, leverage, and retail-focused products.
Pham emphasized the Commission’s commitment to managing risks without stifling innovation, highlighting coordination with the SEC, the White House, and market stakeholders.
Public Consultation Open Until October 20
Public participation is central to this process. The CFTC is inviting feedback from institutions, builders, and individual investors via its official website. This marks a rare chance for the crypto community to directly shape future U.S. digital asset rules.
Implications for the Market
Bullish case: Clear rules could legitimize the market, attract institutional money, and accelerate mainstream adoption.
Bearish case: Overly strict limits on leverage and retail access — combined with regulatory overlap — could suppress innovation and push projects overseas.
Either way, the CFTC’s sprint represents a pivotal moment: the rules that emerge could define the U.S. crypto market for years to come.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
Ripple Partners with SBI to Roll Out RLUSD Stablecoin in Japan by Q1 2026
Ripple announced Friday that it will launch its Ripple USD (RLUSD) stablecoin in Japan in partnership with SBI Holdings by the first quarter of 2026. The rollout will be managed through SBI VC Trade, the crypto subsidiary of SBI Holdings.
As of Friday morning, RLUSD holds a market capitalization of $666 million with a 24-hour trading volume of $71 million, according to CoinGecko.
Ripple and SBI’s Strategic Collaboration
Ripple emphasized that Japan is a critical market for the expansion of stablecoin adoption. In the announcement, Tomohiko Kondo, CEO of SBI VC Trade, said:
“SBI Group has been leading the development of the cryptocurrency and blockchain field in Japan. The introduction of RLUSD will not just expand the option of stablecoins in the Japanese market, but is a major step forward in the reliability and convenience of stablecoins in the Japanese market.”
This partnership builds on SBI’s longstanding relationship with Ripple, reinforcing their joint strategy to drive digital asset infrastructure in Asia.
RLUSD: Backed and Growing
Launched in December 2024.
Backed 1:1 by reserves that include:
U.S. dollar deposits
Short-term U.S. government bonds
Other cash equivalents
The stablecoin market overall has seen sharp growth, with the supply of USD-pegged stablecoins hitting $266 billion as of Thursday, up from $256 billion on August 1, according to The Block’s data dashboard.
Expanding Global Reach
Ripple has been positioning RLUSD as a global payments rail:
In June 2025, the Dubai Financial Services Authority approved RLUSD for use within the Dubai International Financial Centre, broadening its international footprint.
The upcoming Japan launch marks another step in Ripple’s ambition to position RLUSD as a reliable, institution-friendly stablecoin in both regional and global markets.
Conclusion
Ripple’s Japan expansion with SBI Holdings demonstrates how stablecoins are moving beyond U.S. markets into regulated, high-demand regions. With Japan’s openness to blockchain innovation and SBI’s leadership role in fintech adoption, the partnership could become a model for stablecoin integration across Asia.
@ Newshounds News™
Source: The Block
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