Latest News and Articles about U.S. Dollar
Stablecoin Bills in Congress Raise Systemic Bank Run Fears
Systemic Bank Run Risk Looms Over Congressional Stablecoin Bills The U.S. Congress is currently wrestling with the regulation of stablecoins, digital assets designed to maintain a stable value by pegging to the U.S. dollar. With over $230 billion in stablecoins circulating, the stakes are high as lawmakers push forward bills that could integrate these tokens […]
Read MoreTether’s Growth Driven by Global Dollar Demand, CEO Ardoino Says
Paolo Ardoino: Tether’s Growth Fueled by Global Demand for U.S. Dollars Tether CEO Paolo Ardoino recently discussed the company’s impressive growth on Bloomberg TV, attributing it to the global thirst for U.S. dollars, particularly in emerging markets where traditional financial systems often fall short. Ardoino’s insights highlight Tether’s strategic positioning and the potential impact of […]
Read MoreGoldman Sachs CEO: Bitcoin No Threat to Dollar, Eyes Blockchain Tech
Goldman Sachs CEO David Solomon Dismisses Bitcoin as a Threat to the U.S. Dollar David Solomon, CEO of Goldman Sachs, has firmly stated that Bitcoin does not pose a threat to the U.S. dollar. In a recent CNBC interview, Solomon described Bitcoin as an “interesting speculative asset” and emphasized the enduring importance of the U.S. […]
Read MoreCircle CEO Advocates for Stablecoins as Key U.S. Export to Bolster Dollar Dominance
Circle CEO Jeremy Allaire Calls for Stablecoins to Be Key U.S. Export Jeremy Allaire, CEO of Circle, is advocating for stablecoins—digital currencies pegged to stable assets like the U.S. dollar—to become a primary export of the United States. This strategy aims to bolster the global influence of the U.S. dollar, especially in light of fiscal […]
Read More