Latest Articles
Cross-Border Money Transfers: Mechanisms and Speed
An explanation of the mechanics behind international payments, from messaging and settlement to local payout rails.
Prediction Markets: Trading on Outcomes
A prediction-market contract pays a fixed amount, often $1, if the event happens. The price is the market's implied probability.
Credit Score vs. Credit Report
A credit report is the file. A credit score is a number calculated from that file. CFPB says each bureau's report is free weekly.
Why Yield in Stablecoin Products Is Not Free
Stablecoin yield is paid by lending, trading, or reserve income. It is not FDIC-insured bank interest, and the payer can stop.
How Stablecoin Systems Interact with the Banking System
Fiat-backed stablecoins mint against bank reserves and redeem back into bank deposits. The GENIUS Act sets a 1:1 reserve test for permitted U.S. issuers.
How Correspondent Banking Works
An explanation of the legacy cross-border payment system, including Nostro/Vostro accounts, SWIFT messaging, and settlement mechanics.
Stablecoin
A stablecoin targets a steady price, usually one U.S. dollar. Public Law 119-27 requires permitted U.S. issuers to hold at least 1:1 reserves.