According to a 2025 report by the People's Bank of China, the RMB is now the world's third most-used currency for trade ...

Learn how central banks use forward guidance to shape economic expectations and guide monetary policy decisions. Explore key ...

Monetary policy guides inflation and economic growth. Learn what it means, the main types, and how central banks manage interest rates and stabilize the economy.

The North Atlantic financial crisis of 2008-2009 has spurred renewed interest in reforming the international monetary system, which has been malfunctioning in many aspects. Large and volatile capital ...

This model may define the next generation of global finance, shaped by digital adoption, institutional evolution and ...

Forbes contributors publish independent expert analyses and insights. I write about economic policy for the 21st century. Today is a period when we are building the foundation for the monetary systems ...

Each economic crisis brought on by loose money brings on a “solution” of...looser money. This pattern is not just a threat to ...

Jeremy Allaire is co-founder, chairman and CEO of Circle, which, with Coinbase, pioneered the open standards CENTRE Consortium and USD Coin (USDC) – a dollar-backed stablecoin used in millions of ...

Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...

U.S. dollar history shows international monetary system can evolve quickly But lack of alternatives implies that dollar should remain at system's center Stronger system requires efforts from advanced, ...

Repo operations at the Fed on the last day of 2025 signal growing stress in the financial system, similar to the setup we saw ...

Crypto’s structural flaws make it an unsuitable basis for a monetary system, according to the Bank for International settlements (BIS). Instead, monetary systems could be built around central bank ...