6th December 2023 Digital Bytes

Stablecoin revolution: the future of finance? - stablecoins (pegged to fiat currencies) revolutionize finance, offering swift, low-cost transactions amidst crypto market volatility. Dominating in Brazil and driving global remittances, stablecoins such as USDT and digital assets are reshaping cross-border transactions. However, regulatory hurdles and debates amongst financial leaders underscore the challenges in balancing innovation and oversight. These digital instigators stand at the cusp of transforming monetary systems, but questions persist about unforeseen challenges and their true impact on global finance.

Asset managers: digitize or die? (part 2) - the trend of asset management digitization is accelerating, with major global players adopting blockchain and tokenization. However, the dominance of tech giants in cloud services challenges blockchain's decentralization. This shift may revitalize traditional stock exchanges whilst also potentially signalling a decline in conventional…