
A new background update to e‑commerce is focusing on the rise of "Dupes," a model where copy‑cat businesses replicate successful online stores. These dupes are increasingly using stablecoins to streamline payments, creating a competitive edge over traditional banking channels. The surge has already become a headwind for incumbents such as NOBS, and analysts expect the practice to mature into legitimate enterprises. The article warns that this trend could reshape e‑commerce financing and market dynamics.

The latest Consumer Price Index showed a modest 0.3% monthly increase, bringing the annual inflation rate to 3.2%. Fed Chair Jerome Powell emphasized a cautious stance, warning against premature rate cuts. The data sparked a 1.2% pullback in the S&P...