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Crypto could save the U.S. dollar
For years, the fear around crypto has been the same: If digital assets replace traditional finance, it will weaken the dollar’s grip on the global system. But in truth, the opposite is actually happening. One of the fastest-growing segments of crypto is quietly reinforcing the dollar’s dominance. In fact, this digital asset is doing something the U.S. desperately needs right now: creating a growing, global source of demand for U.S. government debt. And almost no one is talking about it. How stablecoins support the dollar: Stablecoins are digital tokens designed to track the value of the U.S. dollar, typically on ... (full story)
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