Global money supply reaches a new high of $150 trillion; G20 Finance Minister promises to regulate digital assets
2026-09-02 11:01:18
According to CoinMeta, the global broad money supply reached a record $150 trillion in June, an increase of $1070 billion year-on-year, marking the ninth consecutive quarter with annual growth exceeding 7%. The finance minister acknowledged the role of digital assets in economic growth and pledged to provide a clearer regulatory path and improve cross-border payment systems. The famous author Robert Kiyosaki is in debt of $1.2 billion. An agenda was set for a roundtable meeting on September 17, 2026, to discuss preparations for 24-hour trading. Two new models, Claude Fable 5.1 and Mythos 5.1, were released, aimed at improving coding and knowledge-based work performance. Finance Minister Scott Bessent called the U.S. bond market the best-performing market globally, with the yield on 10-year Treasury bonds climbing to its highest level in nearly 20 months. Suggestions were put forward to modernize transfer agent rules to reflect the use of electronic record-keeping and blockchain technology. Twenty-one global financial institutions plan to launch a joint U.S. dollar stablecoin in the first half of 2027. Binance introduced options related to U.S. stocks and ETF, which use physical settlement.
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Source:Cointelegraph
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