Deutsche Bank: Stablecoin Legislation Could Strengthen the Global Influence of the US Dollar
According to Walter Bloomberg, Deutsche Bank strategist Marion Laboure stated that a new stablecoin regulatory bill approved by the Senate could further solidify the US dollar’s global dominance in the digital era. Once enacted, the bill would allow stablecoins pegged to the US dollar—which already hold a dominant market position—to attract foreign liquidity. This is expected to accelerate the adoption of digital dollars in unstable economies, without the need for central bank digital currencies or traditional banking systems.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 10.3681 million SYRUP transferred from Syrup.fi, routed through intermediaries and flowed into Wintermute
Sahara AI: No unlocks or security incidents have occurred, investigation into abnormal market fluctuations is ongoing
CertiK: Approximately $127 million in confirmed losses from attacks, hacks, and scams in November
