Financial

A gate once open now starts to close. The stream of data begins to slow. What once was shared must now be earned. And every byte comes with a toll. For years, financial technology companies have thrived on open access to consumer banking data, allowing them to build tools for budgeting, investing, lending, and payments. But a recent move by JPMorgan Chase may redraw the boundaries of that ecosystem.

They call it crisis avoidance. France and Germany emerge as the most brutal hit. Yet the scars of compromise may outlast calm. From the outset, the European Union appeared outmaneuvered at the negotiating table. Though widely touted by U.S. leaders as a diplomatic success, the new trade framework between Brussels and Washington left many Europeans reeling. National divisions, cautious leadership, and the specter of a threatened 30 percent tariff prompted the EU to accept a deal widely viewed as favorable only to American interests.

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.

First Case Emphasizing XRP Utility EmergesReal Contest Lies in Replacing Financial Infrastructure

U.S. Imposes Additional $55 Billion in Tariffs Tariff Burden Ultimately Shouldered by American Companies High Likelihood of Cost Pass-Through to Consumers via Price Increases The U.S.

Bank of England effectively halts issuance of a digital pound. CBDC-related discussions face setbacks in both the U.S.

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.

Forecasts for stablecoin market growth remain sharply divided. J.P. Morgan warns the “Genius Act” may expose vulnerabilities in Tether's dominance. Building market trust remains an urgent challenge. J.P.

Trump criticizes Fed during visit, raising concerns over headquarters renovation. Makes blunt call for Powell to “cut interest rates.” Market sees slim odds of rate cut at upcoming July FOMC meeting. With the July meeting of the Federal Op

This article was independently developed by The Economy editorial team and draws on original analysis published by East Asia Forum. The content has been substantially rewritten, expanded, and reframed to provide a broader context and greater relevance. All views expressed are solely those of the author and do not represent the official position of East Asia Forum or its contributors.

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.

Ripple expands its influence through partnerships with international financial institutions. Launches stablecoin RLUSD to push for entry into regulated finance. U.S.

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.

In Buenos Aires last year, merchants who once taped peso price lists to their windows replaced them with QR codes linked to tether wallets. By December, Argentines had moved the equivalent of US$91.1 billion through crypto rails, and 61.8% of that flow rode on dollar‑pegged stablecoins—an amount larger than the country’s merchandise trade surplus and more than double the central bank’s usable foreign‑currency reserves.

Rare calls emerge on Wall Street for Fed Chair Jerome Powell to resign Fed's independence seen as increasingly vulnerable under pressure from a potential Trump administration Concerns grow that Powell's dismissal could spark deeper turmoil in financial markets

This article was independently developed by The Economy editorial team and draws on original analysis published by East Asia Forum. The content has been substantially rewritten, expanded, and reframed for broader context and relevance. All views expressed are solely those of the author and do not represent the official position of East Asia Forum or its contributors.

This article is based on ideas originally published by VoxEU – Centre for Economic Policy Research (CEPR) and has been independently rewritten and extended by The Economy editorial team. While inspired by the original analysis, the content presented here reflects a broader interpretation and additional commentary. The views expressed do not necessarily represent those of VoxEU or CEPR.

Expanding Its Global Payment PresenceBuilding Real-World Transaction Networks with Stablecoins