Category: U.S. dollar

The 50th Anniversary Of ‘Nixon Shock:’ How Suspending The Dollar’s Convertibility With Gold Fueled Today’s Fiat World

Approximately 50 years ago today, Americans were introduced to ‘Nixon Shock’ when the 37th president of the United States suspended the convertibility of the U.S. dollar into gold. Since this…

Palestinians Ponder Digital Currency As Move For Monetary Independence

The Palestine Monetary Authority is exploring the possibility of issuing its own digital currency. For Palestinians, the minting of a national coin would represent a step, at least a symbolic…

Stablecoin Demand In 2021 Skyrockets, Fiat-Pegged Token Economy Nears $100 Billion

While most cryptocurrency markets are down today in value, dollar-pegged stablecoins have seen significant demand during the last 24 hours. Currently, the entire market valuation of all the stablecoins in…