Vuelta a la ciudad

“Users … can withdraw at any time, subject to liquidity” That ‘subject to liquidity’ is carrying a lot of weight.

👇!

This is starting to look like the corporate crypto treasury "strategy."

Crypto hoarders turn to share buybacks in push to boost falling stock prices - on.ft.com/4mtEYXS

I would put adamantium on the shots

But I will be back before a Scaramucci

Within the coming Kimmel I shall be visiting my motherland to check upon purchasing power parities and how much pesos a franc can buy

So this was less than a Scaramucci? We might have a new unit of time measurement

JUST IN: Bureau of Labor Statistics postpones key inflation data report

Link to Matt Levine's post: bsky.app/profile/matt...

Everything you wanted to know about BDCs but were afraid to ask, and some more. Massive data-heavy article at FTAV

And leverage has been on the up h/t @aldasoro.bsky.social

This is a clear reflection of the stablecoin price wars @matt-levine.bsky.social was recently talking about

The interest rate complex is expanding, with schminterest and the deserved rate™️, though times for STIR people

Visita relámpago a la patria a fin de mes

Well well Cc @smtuffy.bsky.social

Outfit idea: a t-shirt with a QR code that delivers a virus to the glass wearer, posting private information to a public repository as punishment for filming people without their consent

I feel like if you bought an internet connected refrigerator with screens, you deserve this

In Rome to talk about stablecoins, the new colossus of payments [???]

Took a pic of the market today

Legendary actor Robert Redford dies at age 89 [disappointed that @smtuffy.bsky.social is not doing his bit here so I am jumping in just in case his phone was stolen]

Regulators need to grapple with these questions before the industry grows too big to effectively control. The cryptocurrency industry has shown how difficult it becomes to implement meaningful oversight once a poorly regulated industry accumulates enough money and political influence to push back.

This is getting boring

Private markets are the new public markets are the new private markets.

Blockchain fixes this.

The holding company will change its name to Glasses (ticker GLSS), sources added

Ruin a song by adding the word ‘literally’ to the title: Literally MMMBop

Tether is making a special American stablecoin so Americans can finally have access to the US dollar, this isn’t confusing

As a friend put it: Your money should work for you, but I’m also going to keep the interest so it won’t

Crypto company Tether, the creator of the world's largest stablecoin, plans to launch a U.S.-based stablecoin designed for U.S. residents called USAT, the company's CEO Paolo Ardoino said on Friday.

Just learned the Knicks play Timberwolves the day I booked the flights back, if my son finds out he will kill me.

Visita relámpago a la patria a fin de mes

A true soccer fan would prefers their traditional derby foe to lose under absolutely any circumstance and against any team in the world (eg even if playing against an unlikable team from another country with which their is animosity at the national team level)

Long Bowie, always

Still bugged by this

😂 I checked and I am there as well for same reason

Just lost all of my open tabs in the browser, and I feel utterly depressed, like something critical has been taken away from me.

Socks fit for the times

This is not the type of merge @smtuffy.bsky.social has been dying to have, me thinks

Fun offshore dollar market fact: in the year to end-March 2025, offshore dollar deposits increased by roughly 11.5 times the increase in total stablecoin market cap over the same period (977 bln versus 85 give or take). Cc @robinwigglesworth.ft.com @bhgreeley.bsky.social

New short article in the IMF’s Finance and Development magazine, with my colleagues Jon Frost and Vatsala Shreeti www.imf.org/en/Publicati...

Started/ going

Guys I've been reading Minsky and I have bad news

SBF walked so that we could run

I am once again sharing the closing paragraph of my paper written two years ago