Stablecoin issuers like Tether (USDT) and Circle have accumulated a significant share in the United States Treasury market, outperforming major traditional finance players. Various stablecoin providers collectively held $80 billion worth of…
Currency Swap vs. Interest Rate Swap
Currency Swap vs. Interest Rate Swap: An Overview Swaps are derivative contracts between two parties that involve the exchange of cash flows. One counterparty agrees to receive one set of cash flows…
Paying Agent Definition
What is a paying agent? A paying agent – also known as a “disbursement agent” – is one who accepts payments from the issuer of a security and then distributes the funds…
Ripple partners with Travelex to launch enterprise crypto payment service in Brazil
XRP, the digital asset native to XRP Ledger used by Ripple’s On-Demand Liquidity (ODL) service is set to be used to facilitate fast and cost-effective cross-border transactions in Brazil, following the launch…
Skip-Payment Mortgage
What is a skipped payment mortgage? A deferred payment mortgage is a home loan product that allows a borrower to skip one or more payments without any penalty. Interest accrued during skipped…
Best Cheap Car Insurance Companies of September 2022
Erie is not only convenient and accessible, but it offers some of the most affordable auto insurance rates of 2022. Founded in 1925, Erie is a Fortune 500 company still based in…
Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin
According to a new post by Acala Network co-founder Bette Chen, the community has voted to burn 2.97 billion worth of Acala USD (aUSD) stablecoin. Acala is a decentralized finance platform built…
Interest Shortfall
What is an interest deficiency? An interest deficiency is the accrued interest owed that remains after a borrower has made their monthly payment. This may result in negative amortization on some adjustable…
What Is a Bull Market?
What is a bull market? A bull market is the condition of a financial market in which prices are rising or are expected to rise. The term “bull market” is most often…