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BIS Warns Stablecoins Are Breaking Capital Controls as Dollarization Accelerates

Key Takeaways BIS researchers Hofmann, Mehrotra and Paulick studied 130+ economies and stablecoin data from 184 countries since 2017. Capital controls cut bank dollarization by up to 32 percentage points but showed no effect on stablecoin inflows. Stablecoin market capitalization has nearly tripled since 2023, led by USDT and USDC. A Bank for International Settlements…

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OpenPayd recognised among CNBC’s World’s Top Fintech Companies 2026

[PRESS RELEASE – London, United Kingdom, July 22nd, 2026] Recognition in the Enterprise Fintech category reflects OpenPayd’s role in building the universal financial infrastructure for the digital economy OpenPayd, a leading provider of financial infrastructure, has been recognized among CNBC’s World’s Top Fintech Companies 2026, earning a place in the Enterprise Fintech category. Following an…

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Glow emerges from stealth at $1.2B valuation to challenge endpoint security in the AI era

Glow, a cybersecurity startup founded by former Meta and Snowflake executives, emerged from stealth as a unicorn, betting that artificial intelligence is reshaping how enterprises secure employee devices. The Palo Alto-headquartered startup on Wednesday said it raised $180 million in an all-equity Series A funding round that valued it at $1.2 billion, with backing from…

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Coinbase plans Everything Exchange launch in Canada with tokenized stocks

Coinbase has expanded plans for its “Everything Exchange” into Canada, bringing tokenized stocks, traditional financial products, and blockchain-based services closer to one platform for local users. Summary Coinbase plans to bring its Everything Exchange platform to Canada with tokenized stocks and traditional financial products. The exchange is working with Canadian regulators while preparing to launch…

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