"The post-WW2 and Cold War global architecture is crumbling; systemic geopolitical and geoeconomic instability is rising; so are risks of geo-financial instability as fiscal deficits grow, public debt rises, and hopes for rate cuts meet sticky inflation." - RaboResearch (Michael Every & Christian Lawrence) (Executive summary).

"Stablecoins **may play a pivotal role – though ironically they are likely…