December 2025The Stablecoin ParadoxStablecoins may concentrate financial power and reinforce the current structure of the international monetary systemEswar S. PrasadSeptember 2025Finance Changed, Risks Didn’tNew technologies are rewiring liquidity, payments, and economic stabilityYAO ZENGSeptember 2025Why Europe Needs a Digital EuroIt would safeguard monetary stability, fend off private payment monopolies, and stand as a potent symbol of European unityPHILIP R. LANELoad MoreRelated LinksF&D HomepageF&D TopicsF&D AuthorsCountry Focus