Richard Turrin

Richard Turrin

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Consultant and best-selling author of 'Cashless' focusing on China's digital currency [cite: 15].

Chinese Workers Face AI‑driven Survival Race
SocialMar 23, 2026

Chinese Workers Face AI‑driven Survival Race

“It feels like Squid Game”: China’s workers scramble to keep up in the AI race Employees are rushing to learn new tools as layoffs and automation fuel widespread AI anxiety. On RedNote: “Trying to keep up with AI is more exhausting than...

By Richard Turrin
Stablecoin Volume Is 7% of Advertised $62 T Hype
SocialMar 23, 2026

Stablecoin Volume Is 7% of Advertised $62 T Hype

Stablecoins are a great way to pay, and don't need fake numbers to generate FOMO The real, hype-free, stablecoin volume in 2025 is just $4.2 trillion — only 7% of the $62 trillion headline number once you strip out trading noise,...

By Richard Turrin
EU Accelerates Digital Euro as Euro‑Stablecoins Surge to Trillions
SocialMar 23, 2026

EU Accelerates Digital Euro as Euro‑Stablecoins Surge to Trillions

The EU is desperate to preserve monetary sovereignty, which is under attack by US stablecoins. That’s why S&P’s analysis is good news for the EU and ECB, which is in damage control mode, speeding digital euro launch. S&P Global...

By Richard Turrin
EU’s EUDI Wallet Offers Decentralized ID to Beat Tinder Fakes
SocialMar 23, 2026

EU’s EUDI Wallet Offers Decentralized ID to Beat Tinder Fakes

Your ID on the Blockchain Can Fight Tinder Fakes The biggest question remains: who should issue the ID? The technology used can be debated after determining who controls the ID. Should it be a form of state-issued Digital...

By Richard Turrin
Tokenization Poised for $500M Savings, Banks Lag
SocialMar 22, 2026

Tokenization Poised for $500M Savings, Banks Lag

Tokenization at a Turning Point in 2026: NASDAQ Eyes $500M Collateral Savings, IBM Urges Banks to Act – But Interoperability Stalls Topics: ↳ IBM: Tokenization at a Turning Point Banks Can’t Afford to Miss in 2026 (But Most Likely Won’t Act) ↳...

By Richard Turrin
Stablecoin Stability Depends on Hidden Infrastructure, Not Just Assets
SocialMar 19, 2026

Stablecoin Stability Depends on Hidden Infrastructure, Not Just Assets

Stablecoin's Biggest Risks Hide in the Plumbing – The Infrastructure No One Talks About MIT looks at the risks hiding in stablecoins’ plumbing to show how holding a dollar peg depends not only on the quality of assets, the focus of...

By Richard Turrin
China Prioritizes Efficient, Open-Source AI Over Scale
SocialMar 19, 2026

China Prioritizes Efficient, Open-Source AI Over Scale

China is running multiple AI races Great read showing how the US and China are on different paths with AI and not really in the same race. China's focus on AI efficiency is infinitely more practical. ↳...

By Richard Turrin
Broaden AI ROI Metrics to Capture Hidden Benefits
SocialMar 10, 2026

Broaden AI ROI Metrics to Capture Hidden Benefits

How you define AI's ROI should determine what you measure. IBM suggests that these users widen their search and acknowledge that agentic AI’s ROI should have many components beyond the one or two usually used. It's likely that many of the...

By Richard Turrin
Spain Targets 2028 Digital Euro to Cut US Dependence
SocialMar 9, 2026

Spain Targets 2028 Digital Euro to Cut US Dependence

USD stablecoins guarantee a digital euro; now we have even more proof of this from Spain: “Europe needs a sovereign payment architecture,” and “the noticeable increase in US stablecoin-based financial intermediation increases the urgency.” Spain Pushes for 2028 Launch of...

By Richard Turrin
China Leads Global Nuclear Build, 37 Reactors Underway
SocialMar 9, 2026

China Leads Global Nuclear Build, 37 Reactors Underway

Ranked: Countries Building the Most Nuclear Reactors China is also leading in fusion research and has the world's first production thorium reactor Key Takeaways -China accounts for 37 of the world’s reactors under construction—more than all other listed countries combined. -India and Russia rank...

By Richard Turrin
Chinese EVs Dominate Mexico, Indonesia; Lag in US
SocialMar 9, 2026

Chinese EVs Dominate Mexico, Indonesia; Lag in US

Where Chinese EVs Are Selling the Most Worldwide -Chinese-made BEVs account for nearly 90% of Mexico’s EV sales and over 60% in Indonesia. -They represent 26% of UK sales but remain below 1% in the U.S. #China #techwar #chips #tech @baoshaoshan @thecyrusjanssen @DOualaalou @lajohnstondr @PSTAsiatech https://t.co/jrAAoNFbNo

By Richard Turrin
Quantum Threat: Q-Day Could Cripple Global Financial Security
SocialFeb 27, 2026

Quantum Threat: Q-Day Could Cripple Global Financial Security

Quantum computers are coming — and in the next decade, could break widely used public-key encryption (RSA, ECC) that secures everything from bank transactions to crypto. Citigroup’s latest report on quantum calls it a trillion-dollar security threat, and they are not...

By Richard Turrin
AI's Honeymoon Ends: 2026 Demands Real Value
SocialFeb 27, 2026

AI's Honeymoon Ends: 2026 Demands Real Value

Deutsche Bank boldly says what many are thinking: The honeymoon is over for AI. 2026 is likely to be a tough year, and AI will have to prove its value in 2026 to keep the money flowing. The prognosis is not good,...

By Richard Turrin
Wall Street's Bitcoin Bet Fails as Hedge Thesis Crumbles
SocialFeb 19, 2026

Wall Street's Bitcoin Bet Fails as Hedge Thesis Crumbles

Bitcoin Won Over Wall Street and Now It’s Paying the Price Wall Street may invest in BTC but that doesn't mean they are "hodlers" with the same religious zeal shown by many who profess to "never sell." -Bitcoin's price has...

By Richard Turrin
AI Agents Turn Fintech Into Retention Powerhouse, Banks Lag
SocialFeb 18, 2026

AI Agents Turn Fintech Into Retention Powerhouse, Banks Lag

AI agents become fintech’s retention weapon…as banks are left in the dust • Agents own the relationship end-to-end • No more “customer churn” surprises • Revenue sticks instead of leaks • Banks stuck in pilot purgatory #fintech #tech #finserv #AI @BetaMoroney @efipm @BrettKing @spirosmargaris @jasuja @enricomolinari @mikeflache https://t.co/6I8skF6dkR

By Richard Turrin
96% AI Adoption, 89% See Revenue Gains—Too Late for Many
SocialFeb 16, 2026

96% AI Adoption, 89% See Revenue Gains—Too Late for Many

AI in Banking Special: From Pilots to Profits – 96% Adoption, 89% See Revenue/Cost Wins Topics: ↳ AI in FinServ Transitions from Pilots to Proven ROI as 89% See Higher Revenue and Lower Costs ↳ GenAI in APAC Banks: 70% of Value...

By Richard Turrin
AI Is Already Simplifying Online Scams, Experts Warn
SocialFeb 12, 2026

AI Is Already Simplifying Online Scams, Experts Warn

AI is already making online swindles easier. It could get much worse. Some cybersecurity researchers say it’s too early to worry about AI-orchestrated cyberattacks. Others say it could already be happening. #fintech #tech #finserv #AI @BetaMoroney @efipm @BrettKing @spirosmargaris @jasuja @enricomolinari @mikeflache https://t.co/xbcVW86X8z

By Richard Turrin
EU Parliament Backs Digital Euro to Curb US Payment Dominance
SocialFeb 12, 2026

EU Parliament Backs Digital Euro to Curb US Payment Dominance

Post-Trump assault on Greenland, the EU parliament delivers a big win for the digital euro as it wins 420-158 backing in EU Parliament straw poll The digital euro couldn't have better timing as the EU looks to the digital euro...

By Richard Turrin
Ant Group’s AI Health Chatbot Leads China’s AI Race
SocialFeb 6, 2026

Ant Group’s AI Health Chatbot Leads China’s AI Race

Who exactly is winning the AI race? AI health care is taking off in China, led by Jack Ma’s Ant Group Ant’s health chatbot has become a top downloaded app in China as users seek personalized care they can’t get from...

By Richard Turrin
Agentic AI ROI Goes Beyond Revenue—Spot Real Wins
SocialFeb 2, 2026

Agentic AI ROI Goes Beyond Revenue—Spot Real Wins

Why Agentic AI ROI Isn’t Just Revenue – Look Wider or Miss Real Wins Topics: ↳ Why Agentic AI ROI Isn’t Just Revenue – IBM’s Call to Look Wider or Miss Real Wins ↳ AI Tokens: Enterprise Spend Surges 20% – On-Prem Open...

By Richard Turrin
AI Agents Trade Capability for Controllability and Reliability
SocialJan 27, 2026

AI Agents Trade Capability for Controllability and Reliability

AI Agents aren't as smart as you think.... Among production agents in the survey, 68% execute at most 10 steps before requiring human intervention, with 47% executing fewer than five steps. But there’s more. After constraining agents, 74% of models rely primarily...

By Richard Turrin
Enterprise AI Stalls Due to Lack of Domain Experts
SocialJan 27, 2026

Enterprise AI Stalls Due to Lack of Domain Experts

So is AI failing, or is it the management? Only 17% of Fortune 500 senior leaders have meaningful technical skills — just 5% ever held a technical role. That’s why the single biggest bottleneck holding back enterprise AI isn’t the tech. It’s...

By Richard Turrin
Stablecoins Overstate Benefits, Face Liquidity Spread Challenges
SocialJan 23, 2026

Stablecoins Overstate Benefits, Face Liquidity Spread Challenges

In what it calls “inconvenient truths” Pitchbook lays out five very real problems with stablecoins. The first of the two most critical is that stablecoins consistently overstate their advantages, particularly in nations with fast and free payments, including the US (FedNow),...

By Richard Turrin
UNDP: Chinese Open‑Source AI Crucial to Prevent APAC Divide
SocialJan 22, 2026

UNDP: Chinese Open‑Source AI Crucial to Prevent APAC Divide

A sobering UNDP report warns that unmanaged AI risks widening inequality between nations — and that China's open-source models are the only way for many nations not to be left behind The UNDP’s “The Next Great Divergence: Why AI May...

By Richard Turrin
Fintech Faces Headwind as Nationalism Fuels Foreign Distrust
SocialJan 22, 2026

Fintech Faces Headwind as Nationalism Fuels Foreign Distrust

Foreign neobanks and US stablecoins just got a reality check as growing insularity & nationalism threaten fintech's global ambitions The latest Edelman Trust Barometer (37,500 respondents across 28 countries) reveals a stark reality for fintech: 70% of people now distrust...

By Richard Turrin
2026 Shifts: AI Governance, Global Digital Infrastructure, Tightening Sanctions
SocialJan 19, 2026

2026 Shifts: AI Governance, Global Digital Infrastructure, Tightening Sanctions

Top 2026 Trends Finale: Why 2026 will not look like 2025 Topics: -Top 2026 Trends, No. 4: Strong AI Governance Will Become The Norm — But Only After a Meltdown Forces Companies to Act -Top 2026 Trends, No. 5: Digital Public Infrastructure...

By Richard Turrin
Asia’s Payment Boom Fuels Surge in New Fraud
SocialJan 15, 2026

Asia’s Payment Boom Fuels Surge in New Fraud

Visa just exposed 5 new fraud patterns exploding in 2026 — and they're hitting hard in Asia. • Account takeover up 300% via social engineering • AI-generated deepfakes fooling KYC • Mule networks using instant payments (PIX/UPI) • Synthetic identities surging in Asia • Card-not-present...

By Richard Turrin
Stablecoins Rise, Yet Perfect Money Remains Uncertain
SocialJan 13, 2026

Stablecoins Rise, Yet Perfect Money Remains Uncertain

1/3 🧵 🔥Five Questions About Money to Ponder in 2026 🔥 Great insights from @andymukherjee70 on the key issues surrounding money in 2026 that are nicely mirrored by Prof Barry Eichengreen in his article below. Takeaways: -Stablecoins had...

By Richard Turrin
Gold Overtakes Treasuries as De‑Dollarization Accelerates
SocialJan 13, 2026

Gold Overtakes Treasuries as De‑Dollarization Accelerates

1/6 🧵#DEDOLLARIZATION DAILY: Is it even possible for Trump to do more to shake faith in the dollar? . As the world recoils from the actions in Venezuela, it now contends with political attacks against Fed Chair Powell....

By Richard Turrin
Tether Freezes $182M USDT, Jeopardizing Venezuela's Crypto Lifeline
SocialJan 13, 2026

Tether Freezes $182M USDT, Jeopardizing Venezuela's Crypto Lifeline

Tether Freezes $182M USDT in Largest-Ever Crackdown — Is Venezuela’s Crypto Lifeline Under Siege? That Venezuela had a crypto lifeline is the problem. Two questions spring from this revelation: 1) Remember the narrative "stablecoins are clean?" Really? 2) Do...

By Richard Turrin
Execs Overestimate AI Excitement, Trust Gap Threatens Success
SocialJan 9, 2026

Execs Overestimate AI Excitement, Trust Gap Threatens Success

AI execs think staff excited—76% say yes Employees? Only 31% agree—2x overestimation • Employees aren’t excited — they’re anxious • 80% execs claim well-informed—workers at 30% • 75% say employee-centric—staff at 23% • Gap risks AI failure—trust decides winners The chart below shows the perception...

By Richard Turrin
Stablecoins and AI Redefine Fintech Landscape for 2026
SocialJan 7, 2026

Stablecoins and AI Redefine Fintech Landscape for 2026

The Top 10 Most Popular Insights of 2025 Carry these ten insights with you into 2026, as they will shape the coming year. This week, we’re looking back at 2025 to share your top insights from the past year. This was a big...

By Richard Turrin
Hainan FTZ: China’s Tech Hub Streamlining Trade
SocialJan 7, 2026

Hainan FTZ: China’s Tech Hub Streamlining Trade

Hainan Free Trade Port should be on your radar. It's not just a free trade port but a place where all of China's tech comes together to make China trade easier than ever. Watch as digital customs, payment, and...

By Richard Turrin
Demand Real-Time Payments, Never Settle for Less
SocialJan 7, 2026

Demand Real-Time Payments, Never Settle for Less

@moneymasternw I couldn't agree more regarding real-time payments: " Why should anyone settle for less? "

By Richard Turrin
AI Fuels US Productivity Surge While EU Falls Behind
SocialJan 6, 2026

AI Fuels US Productivity Surge While EU Falls Behind

US to extend productivity lead on back of AI boom, say economists EU continues to lag: Pro: US productivity was set to “pull away from other developed market economies” thanks to the country’s dynamic capital markets, flexible labour force and lead in...

By Richard Turrin
Stablecoins Shift Profits to Private, Risks to Public
SocialJan 6, 2026

Stablecoins Shift Profits to Private, Risks to Public

Stablecoins: Privatizing Gains, Socializing Losses..... Don't believe me? Read this stunning passage: "People familiar with Bank of England thinking have told OMFIF that a systemic stablecoin that ran into liquidity or redemption turbulence would be able to draw on central...

By Richard Turrin
Asia Leads 2026 Digital Finance Revolution
SocialJan 6, 2026

Asia Leads 2026 Digital Finance Revolution

Great perspective from an Asia-centric PoV. 2026 digital finance: From pilots to production • Asia leads CBDC/stablecoin real-world use • Tokenized deposits + assets boom • AI agents automate banking ops • Regulatory green lights accelerate shift #fintech #tech #finserv #AI @BetaMoroney @efipm @BrettKing @spirosmargaris @jasuja @enricomolinari @mikeflache https://t.co/sCNXBRoTuk

By Richard Turrin
Bitcoin ATMs Cost Americans $333M in 2025 Fraud
SocialJan 6, 2026

Bitcoin ATMs Cost Americans $333M in 2025 Fraud

Americans lost $333 million to Bitcoin ATM fraud in 2025 — FBI says there is a ‘clear and constant rise’ of this scam, and that it is ‘not slowing down.’ So this is the future of money? The authorities are acting...

By Richard Turrin
ECB's Digital Euro Vote 2026 Threatens US Card Dependence
SocialJan 5, 2026

ECB's Digital Euro Vote 2026 Threatens US Card Dependence

‘Down to the wire’: ECB’s digital euro project faces decisive vote in 2026 The EU Parliament may be divided, but in the end, the dependence on US Visa and MasterCard, with ever more erratic behavior in Washington, will win the day. EU...

By Richard Turrin
Traffic Stop Shows No Digital Yuan Use, Just Mobile Payments
SocialJan 5, 2026

Traffic Stop Shows No Digital Yuan Use, Just Mobile Payments

Sorry but the headline is BS. This obviously shows that the rider was pulled over, questioned, and put before a traffic court. There is no sign of the digital yuan CBDC being used here. How is this different...

By Richard Turrin
QR Payments Power SE Asia AI Fintech Boom
SocialJan 5, 2026

QR Payments Power SE Asia AI Fintech Boom

Beyond payments: SE Asia's QR fuels AI fintech surge • Wealth +24%, insurance +16% YoY • 700 AI startups—3X consumer enthusiasm • Cross-border QR remittances rocket • $300B digital GMV—15% growth unstoppable The real bombshell is in the chart below → Don’t miss the chart...

By Richard Turrin
QR Adoption Fuels Asia's Mobile Money Explosion
SocialJan 5, 2026

QR Adoption Fuels Asia's Mobile Money Explosion

Asia's mobile money explodes: 862M users, 41% global share (UPI/WeChat excluded) • QR accepted at 76% merchants—double global average • Drives 80% digital tx in East Asia, ~$500B volume • P2P 70% of flows; remittances +50% YoY • 1 in 3 new global accounts...

By Richard Turrin