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The biggest stablecoin player wants to be a major bitcoin miner - and it's investing $500 million to compete

Tech Insider : Crypto
Tether's chief technology officer, Paolo Ardoino
Tether's incoming CEO, Paolo Ardoino.

Tether

BRICS countries could swing an 'economic wrecking ball' at dollar dominance even without a shared trade currency, former White House economist says

Tech Insider
Money getting shredded

Daniel Grizelj/Getty Images

The US dollar jumps to its highest level in 10 months versus rival currencies

Tech Insider
US dollar

(Photo by Xu Jinbai/VCG via Getty Images)

JPMorgan says the biggest risk of de-dollarization isn't a rival currency — it's that the US could lose a key tool it's used to fight past economic crises

Tech Insider : Economy
Andrew Jackson portrait on twenty dollar bill.
Andrew Jackson portrait on twenty dollar bill.

Elizabeth Fernandez/Getty Images

China's yuan faces a cocktail of bearish headwinds even as Beijing scrambles to prop up the currency

Tech Insider
JPMorgan strategists see reason to stay bearish on China's yuan.
JPMorgan strategists see reason to stay bearish on China's yuan.

China Photos / Stringer, Getty Images

Russia eyes more extreme measures to prop up the ruble after it crashes to less than a penny

Tech Insider
Russia's ruble advanced against the dollar and broke with a global trend Friday.

Getty Images

De-dollarization will be a vicious cycle as hyperinflation leads to higher rates that will further erode the greenback's power, think tank says

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FILE PHOTO: An employee of a bank counts US dollar notes at a branch in Hanoi, Vietnam May 16, 2016. REUTERS/Kham
FILE PHOTO: An employee of a bank counts US dollar notes at a branch in Hanoi

Reuters

Dollar dominance could give way to a 'tripolar' currency system as China's yuan and the euro rise on the world stage

Tech Insider
Dollar euro yuan dominance currency

Priscila Zambotto/Getty Images

The US dollar's outlook is complicated. Here's what to know about the currency's standing on the world stage.

Tech Insider

Good morning to everyone, especially to basketball fans on the east coast. I'm Phil Rosen — it's hard to keep up with the NBA playoffs here in New York with games running past midnight every night this week. 

For readers who, like myself, sit in the center of the Venn diagram between sports fandom and financial news, here's Insider's handy guide on how to stream every NBA game online. 

De-dollarization has started, but the odds that China's yuan will take over are 'profoundly unlikely to essentially impossible'

Tech Insider
Dollar vs. Yuan
Dollar vs. Yuan

ByoungJoo/Getty Images

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