Their staff note makes classification possible in theory, while reserve overlap and offshore circulation block a clean liquidity measure.
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$544. That is the average withdrawal on Argentine retail crypto rails such as Lemon Wallet. The median transfer is between $150 and $270—closer to rent money than a portfolio shift.
That figure changes the familiar image of capital flight. Money...
China’s digital yuan entered a new era on January 1, 2026, as wallet balances began accruing interest at demand deposit rates.
The move marks a decisive break from the prevailing global consensus that central bank digital currencies should remain...