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Finance & Markets

Wall Street Week | Rerouting Global Trade, Private Equity Tested, Realizing Cuba’s Potential

This week, inflation may be edging lower, but as markets push rates higher, the Fed’s 2% inflation target might be a long way off. And, Mexico is building a land-based trade corridor that could give shipping companies more options when traditional channels are disrupted. Plus, as exits slow and borrowing costs rise, the ability of private equity investments to generate returns that beat public…

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Stablecoins Move Into Global Payroll as Mercuryo Off-Ramp Share Reaches 57%

Stablecoins are moving beyond cryptocurrency trading and into the infrastructure of global employment, as freelancers, contractors and remote workers increasingly receive income in digital dollars…

  • USD Coin (USDC) and Tether's USDT make up 57% of off-ramp transactions in global payroll
  • Stablecoin off-ramp transactions on Mercuryo's platform surged by 446% YoY
  • Stablecoins develop into intermediate settlement layer for payroll in remote work economies

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