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Fed’s skinny payment account won’t replace a bank charter

The Fed's proposed payment account gives fintechs direct Fedwire and FedNow access, but no ACH, no correspondent banking. Comments close July 27, 2026.

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Venezuela USDT volume hits 75% of oil exports at $1.39bn

Binance P2P traded 1.39bn USDT in Venezuela in a month - 75% of oil export value and 64% of central-bank dollar supply. The stablecoin state within a state.

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