Stablecoins and custody lead adoption priorities, with firms focusing on how to build or source digital asset infrastructure. In a survey released on Thursday, Ripple said 72% of more than 1,000 global finance leaders believe companies must offer digital asset solutions to stay competitive. The survey found stablecoins were the most prominent use case, with 74% of respondents saying they can boost cash flow and unlock trapped capital. The report polled around 1,000 finance firms globally, including banks, asset managers, fintechs and corporates, on adoption, stablecoins, tokenization and custody priorities. Read more
Forced by yet another Israeli bombardment on Lebanon to flee his home for the second time in just two years, and mourning lost relatives and friends, Hassan Kiki said he feels much older than 16. “War has aged us… We have lived through what no one else has,” the tall teen from south Lebanon told AFP in Beirut. “I miss my school, my friends… I lost two cousins and two friends in a massacre in Shehabiyeh,” he added, referring to a deadly Israeli strike in his town that killed at least seven people on March 11. Kiki is among more than a million people Lebanese authorities have registered as displaced since the country was drawn into the Middle East war on March 2. On that day, Hezbollah launched rockets towards Israel to avenge the assassination of Iran’s supreme leader Ayatollah Ali Khamenei. Israel, which never stopped bombing Lebanon despite a 2024 truce that sought to end the last fighting with Hezbollah, responded with widespread strikes, ground operations along the border, and an evacuation warning for swa...
Energy expert Vaqar Zakaria believes solar power makes “excellent economic sense” — and he lives by it. For over five years, his rooftop panels have slashed his bills, sometimes to zero, even allowing him to sell surplus electricity back through net metering. Last month, he took it further. After buying two electric vehicles, he has almost “declared independence” from the national grid. With more panels and doubled batteries, even his cars run on sunshine. “I am moving away from their fuel, and I don’t need their power,” said the CEO of Hagler Bailly, Pakistan, an Islamabad-based environmental consultancy firm, over the phone from Islamabad. “I call it the hand of God driving my car,” Zakaria said. He is already seeing economic gains from his investment. “The electricity I generate, including battery costs, comes to about Rs12 ($0.043) per unit, while it can be sold to the Islamabad Electric Supply Company at around Rs26 ($0.092) per unit.” However, he adds that he does not currently claim this benefit, as it...