ECB Working Paper: The Role of Stablecoins as Crypto Safe-Haven Is Questionable
A recent study part of the European Central Bank (ECB) working paper series has concluded that…
$6,440,000,000,000 Piled Into Money Market Funds As Bank of America Warns Rate Cuts Won't Fuel Rotation To Stocks
The amount of capital invested in money market funds has surged to a record level with a potential…
$8,800,000,000,000 'Pile of Cash' Has Wall Street Anticipating Major Market Rally: Report
Wall Street is closely watching an $8.8 trillion pile of cash that could quickly fuel a major market…
$397,000,000 in Deposits Exit US Banking System in One Year As Money Market Funds Witness Historic Inflows
Hundreds of billions of dollars in deposits have exited US banks this year as consumers and…