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U.S. dollar hits lows again as stablecoin volumes surge 140%

From thestreet.com

Back in 2022, a Reddit thread in one of the most popular groups posed a blunt question: what happens to crypto if the U.S. dollar collapses? One person replied, “If the US dollar collapses crypto would be the least of your worries, trust me.” Another mocked the whole premise with, “If the global economy completely collapses, will the $100 I put into Bitcoin be OK?” And someone else cut even deeper: “Indeed, you would be more worried about finding food and shelter rather than checking the price of btc.” Now, that I reflect back on the post, it matters today not because the dollar is “collapsing,” but because the same ... (full story)

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  • Category: Fundamental Analysis