Wyoming Stable Token Commission launches testnet faucet for stablecoin FRNT
BlockBeats News, November 30, according to Crowdfundinsider, the Wyoming Stable Token Commission has launched a testnet "faucet" for the stablecoin Frontier Stable Token (FRNT). Anyone with a digital wallet can now connect to its website and request up to 1,000 "tFRNT" tokens to their public address every 24 hours.
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IMF: Global debt will exceed GDP in 2029
The latest forecast from the IMF shows that global public debt will exceed 100% of GDP by 2029, two years earlier than previously expected. The IMF Managing Director issued a rare warning, specifically naming the United States’ debt path as “unsustainable” and pointing out that fiscal consolidation in various countries is seriously lagging. What's even more dangerous is that persistent inflation may force the Federal Reserve to continue raising interest rates, increasing financing costs and creating a vicious cycle of "high debt—high interest rates—even higher debt."
