At 14, he took a job at a trading company on the island of St Croix. His duties included handling cargo, accounts and correspondence.
The man whose face is on the US$10 bill has much to teach investors in the US$250 billion ($319.8 billion) stablecoin market. Alexander Hamilton became the first Secretary of the Treasury in 1789. He should have been seen as the father of stablecoin. Though he lived before the internet or even electricity, he offers lessons for this hot new asset class.
Hamilton came up the hard way. He was born on the Caribbean island of Nevis in 1755. He was the illegitimate son of a Scottish merchant and a mother who had once been jailed for adultery. By the age of 12, he had been orphaned.
