Skip to content Skip to sidebar Skip to footer

Tag: spread

HomeAll PostsTag: spread
Monochrome image of Ripple coins stacked vertically, symbolizing digital currency.
Cryptos

$315 billion stablecoins: why “trust me” is no longer a reserve policy

The stablecoin market has crossed a symbolic threshold: a market capitalization of over $315 billion. What was, five years ago, a niche tool for crypto traders has become a cash management infrastructure, for funds, fintechs, corporations, and soon, under the effect of the MiCA regulation, for regulated European institutions. Yet the fundamental question remains unchanged:…
08/18/20260Comments

Read more

Close-up view of ancient Roman silver coins showcasing detailed engravings and historical significance.
Analyse de marchéAnalyse de marché MarketsMarkets

Silver Prices Surge Past $121 as Structural Deficit Sparks Liquidity Crisis

https://www.steelldy-indices.com The silver deficit is intensifying, with demand exceeding supply for the sixth consecutive year. According to the Silver Institute, the global market is expected to face a supply deficit of 46.3 million ounces in 2026, bringing the total deficit since 2021 to a staggering 762.1 million ounces. This persistent shortage is notable despite a…
07/22/20260Comments

Read more

Turkish Lira banknotes of various denominations displayed, showcasing historical currency.
Analyse de marchéAnalyse de marché MarketsMarkets

Crisis and Tactical Roadmap on the Turkish Lira (TRY) Crash

https://www.steelldy-indices.com The TRY is no longer a currency; it is an Exotic Option on Credibility. Traditional analysis (GDP, balance of payments) is obsolete. Our framework, based on M. theory and signal processing in "quantitative finance," reclassifies the Turkish Lira not as a currency subject to depreciation, but as a perpetual down-and-out barrier option on the…
07/21/20260Comments

Read more

Analyse de marchéAnalyse de marché MarketsMarkets

The Strait of Hormuz Crisis Is Over? Physical Markets Tell a Dangerous Lie

https://www.steelldy-indices.com Over several weeks, financial markets have gradually become convinced that the crisis in the Strait of Hormuz is in the past. Each encouraging statement from the White House is immediately interpreted as evidence that maritime shipping is returning to normal. Algorithms sell oil, short positions strengthen, and there is a consensus that the worst…
07/20/20260Comments

Read more

Smoke billows from factory chimneys in Konin, Poland, highlighting pollution and environmental impact.
Cryptos

Navigating the Nuances: Synthetic Carbon Credits and Their Hidden Dangers

Synthetic carbon credit tokens provide derivative exposure to carbon markets (e.g., ICE EUA, voluntary indices) via futures, total return swaps, or oracle-replicated performance, without physical custody or retirement of underlying credits. This delivers operational efficiency (fractionalization, 24/7 liquidity, reduced verification costs) but introduces material counterparty risk (issuer solvency/fulfillment), basis/tracking error risk (deviation from reference index…
06/18/20260Comments

Read more

Cryptos

Why are hedge funds adopting this new digital currency

Hedge funds are increasingly adopting new digital currencies, primarily stablecoins, due to enhanced capital efficiency, regulatory clarity, and new yield-generating strategies. 1| Capital Efficiency Unlike traditional prime brokerage where collateral is largely immobilized, stablecoins acting as collateral can simultaneously secure derivative positions (perpetuals, options, futures) and generate yield from underlying assets like T-bills. This "working…
05/21/20260Comments

Read more

Cryptos

The “New Dilemma”: Mathematical Formalization of the Triffin Paradox 2.0

The original Triffin Dilemma (Bretton Woods I) pitted the issuance of international liquidity (USD) against the necessary convertibility into gold, creating a tension between domestic objectives (avoiding inflation) and international objectives (providing reserves). In the Bretton Woods 2.0 framework, the form of this dilemma is rewritten based on strict collateral rules imposed by the GENIUS…
05/19/20260Comments

Read more

Cryptos

The FSB 2026 report in question is “Vulnerabilities in Government Bond-backed Repo Markets,” published by the Financial Stability Board (FSB) on February 4, 2026

It forms part of the FSB’s broader work on non-bank financial intermediation (NBFI) resilience and assesses structural risks in the repo (repurchase agreement) markets backed by government bonds—the dominant segment of the global repo market. Market Size and Composition (as of end-2024) Government bond-backed repo outstanding totaled approximately $16 trillion, representing roughly 80% of…
03/30/20260Comments

Read more