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Banking
Banks, neobanks and the plumbing of money — deposits, lending and the firms reinventing them.
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Latest in Banking —
Dollar stablecoins could improve FX access but amplify currency runs: IMF paper
IMF releases working paper analyzing how dollar stablecoins can improve FX access but create systemic risks by facilitating coordinated currency runs during exchange-rate stress. This is new regulator

Sony Bank gets US regulator nod to issue stablecoins
Sony Bank receives OCC preliminary approval to issue stablecoins in the US with $40M in starting capital. This represents a significant regulatory milestone for a major Japanese financial institution
