Articles for tag: Bitcoin, Cryptocurrency, DeDollarization, foreign exchange, Global Economy, Stablecoins, US dollar

Market News

Bitcoin and Stablecoin Adoption: Key Drivers of Accelerating Dedollarization in the Global Economy

The US dollar has been the dominant global currency for decades, used in nearly 60% of foreign exchange reserves. However, its supremacy is being challenged due to geopolitical tensions and economic changes, prompting countries to seek alternatives. Sanctions against nations like Russia have led to increased use of cryptocurrencies, with some countries considering a shift ...

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