Reserves

The digital currency company Circle had claimed that its stablecoin USD coin was backed 1: 1 by actual dollars in a bank account.In July it was announced that this was no longer the case, and Circle announced in a "confirmation" from…

People walk past the Federal Reserve building on March 19, 2021 in Washington, DC.Olivier Douliery | AFP | Getty ImagesThe Federal Reserve is facing a big summer as the markets look for clues as to when the ultra-light policies put in…