US dollar to face growing competition for stablecoin dominance -Tether co-founder Reeve Collins
Reeve Collins: Stablecoins help maintain the dollar's dominance in crypto, but new backing options are emerging
Julius Baer: China's economic growth is expected to face challenges in the coming quarters due to escalating trade tensions making it difficult to sustain the current growth rate. Stronger policy support is expected to partially offset the negative impact of external shocks [Xi is ready to fire more money cannons to prove the haters wrong]
S&P Global Inc: Expects to execute additional accelerated share repurchases totaling $650 million in coming weeks
India prepared to offer US 'forward most-favoured-nation' clause as sweetener in trade talks -source
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๐จIn the past few minutes, heavy armed clashes have been reported between Pakistani and Indian forces across the Line of Control (LoC) in the disputed Kashmir region.
Citi CEO Jane Fraser: the world is on the cusp of "deep structural change" [she means stablecoin fueled shift toward hyperdollarization]
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WH: Trump administration plans to ease the impact of automotive tariffs. While the 25% tariffs on imported vehicles will remain, new measures will prevent additional tariffs, such as on steel and aluminum, from accumulating. President Trump will sign an executive order later in the day