3-25
CBRT Weighs Gold-to-FX Swaps to Support the Lira as Inflation Hits 31.5%
Turkey's central bank is weighing gold-for-foreign currency swap operations to increase FX liquidity and help stabilize the lira, with discussions described as ongoing as of March 24, 2026. The plan would use Turkey's roughly $135 billion in gold reserves, including an estimated $30 billion held at the Bank of England, alongside other steps taken during a period of high inflation and higher energy costs.
BTC
BTC-0.60%
3-25
3-25
Why Is Circle (CRCL) Stock Down Today? CLARITY Act Draft and Wallet Freeze Spark 20% Plunge
Circle Internet Group (CRCL) shares cratered on March 24, 2026, dropping 20.11% to close at $101.17. The sharp sell-off effectively wiped out a significant portion of the gains from its massive March rally. The decline was triggered by a perfect storm of leaked legislative drafts targeting stablecoin yield and a controversial on-chain freezing incident that reignited fears over centralization.
USDC
USDC+0.01%
3-25
3-25
Deloitte Canada and NovaBay back stablecoins as Stablecorp’s QCAD gains traction
NovaBay Pharmaceuticals said it will exit biotech and rebrand as Stablecoin Development Corporation (SDEV) effective April 3, 2026, after which its stock rose 18%. The company said it has raised $134 million from investors including Tether and Framework Ventures and holds over 2.06 billion SKY tokens to pursue returns via blockchain protocols, while Deloitte Canada separately partnered with Stablecorp to build financial systems using QCAD.
SKY
SKY+0.83%
3-25