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Kahina Van Dyke on Stablecoins, Fintech Consolidation
Bloomberg Television· 2026-08-17 20:48
Financial Performance and Market Trends - Stablecoins have achieved a total raw volume exceeding $30 trillion, while actual payment activity accounts for approximately $400 billion, reflecting a significant market gap [12] - Financial institutions and private equity firms are increasingly expanding their activity in public and private markets, driven by evolving regulatory guardrails [7][17] - Major enterprises and Fortune 500 companies are heavily investing in artificial intelligence and digital architecture use cases to adapt their business models over 3 to 5 years [32] Industry Technology and Strategic Transformation - Traditional banking and financial institutions are undergoing structural transformation, blurring the hard lines between traditional banking services and financial technology through digital investments [18] - Large legacy institutions like Standard Chartered accelerated their digital transformation by hiring 800 engineers within 90 days to rapidly deploy mobile applications and digital services [34][37] - Artificial intelligence companies like Shift Technologies are serving nearly 70% of major insurance market players by processing large-scale data to identify and combat fraud [26][27]
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Ivan on Tech 🍳📈💰· 2026-08-17 18:44
JUST IN: Goldman Sachs now expects the Fed to hold rates at 3.50% to 3.75% for the rest of 2026.$BTC is holding above $64,000. ...
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CoinDesk· 2026-08-17 17:48
RT None (@None)The U.S.-Iran ceasefire expires with shipping through the Strait of Hormuz nearly frozen, Goldman Sachs sees a September Fed rate hike as "very unlikely," and President Trump is set to meet with top crypto CEOs at the White House.@uyendoe has what you need to know. https://t.co/5J5Te8c8gj ...
Blanche refuses to pledge DOJ independence from Trump
MSNBC· 2026-08-17 15:48
bless his heart. Right. Todd Blanche, the Senate knew who he was when they confirmed him.He didn't waste any time getting the work. He works for Donald Trump in a way that no attorney general has ever worked for a president. DOJ aligns with the White House on policy issues.You know, Barack Obama wanted us to work on criminal justice reform. We worked on criminal justice reform. What we didn't do was let a president evaluate the facts and the law in an individual case and decide who should be prosecuted and ...
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Bloomberg· 2026-08-17 15:35
Belmont University tapped Goldman Sachs for a margin loan this summer to raise cash, in a sign that even larger universities are facing budget strains https://t.co/F6fSh98SWi ...
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CoinDesk· 2026-08-17 13:34
.@ABABankers’ Brooke Ybarra says there was “agreement in principle” on stablecoin yield, but the CLARITY Act’s legislative text “doesn’t quite do the job.”The group is advocating for “a pretty narrow set of changes” to reduce ambiguity and uphold that agreement. https://t.co/uVFteZDA8Q ...
Steven Major Sees List of Factors in ‘Drip, Drip Higher’ of Long-End Bonds
Bloomberg Television· 2026-08-17 12:53
Steven Major of Tradition Dubai writing central banks can initiate rate hiking cycles to tame inflation, but underlying debt dynamics ultimately dictate how those cycles end. Stephen joins us now for more. Steve, my friend, it's good to hear from you. It's good to see you.Hi, Jon. Are we on the brink of some bond market pushback limiting the ability to hike rates here as some of these central banks. Well, the the focus is Jackson Hole already.I know it's a week or so away, but people are now discussing what ...
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Bloomberg· 2026-08-17 04:15
Market bets on Federal Reserve interest-rate hikes are still too aggressive given that inflation in the world’s biggest economy is cooling, according to Goldman https://t.co/XZo4wa0C8u ...
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Bloomberg· 2026-08-17 01:55
Sri Lanka’s inflation is expected to slow back toward the central bank’s target of 5% over the second half of this year and into next year, according to Governor Nandalal Weerasinghe https://t.co/NmZiiS3Ypg ...