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Money Reimagined
As Congress Bickers, the Rest of World Recognizes Stablecoins
Singapore, Switzerland and several other jurisdictions are laying the groundwork to legally enshrine stablecoins. The U.S.? Not so much, even though the U.S. has a lot to gain from the promotion of dollars. Plus: a word on CoinDesk's recent journalist layoffs.

PayPal’s Stablecoin Is No Libra. Why the Timing Feels Right
Like Facebook's ill-fated Libra project, PYUSD is getting some pushback in Washington. But its prospects seem more promising, says Michael J. Casey.

America’s Credit Rating Helps Make Case for Bitcoin
Fitch’s downgrade of U.S. debt this week is a warning to American policymakers and underscores why Bitcoin and other open monetary systems matter, says Michael Casey.
