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Deutsche Bank: Stablecoin Bill Could Enhance Global Influence of the US Dollar
Summary: According to Walter Bloomberg, Deutsche Bank strategist Marion Laboure stated that a new stablecoin regulatory bill approved by the Senate could strengthen the global dominance of the US dollar in the digital age. Once passed, the bill would allow stablecoins pegged to the US dollar (currently dominating the market) to attract foreign liquidity. This could ...
According to Walter Bloomberg, Deutsche Bank strategist Marion Laboure stated that a new stablecoin regulatory bill approved by the Senate could strengthen the global dominance of the US dollar in the digital age. Once passed, the bill would allow stablecoins pegged to the US dollar (currently dominating the market) to attract foreign liquidity. This could accelerate the use of digital dollars in unstable economies without the need for central bank digital currencies or traditional banking systems.
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Link: Deutsche Bank: Stablecoin Bill Could Enhance Global Influence of the US Dollar [Copy]
