A Chinese economist, Zhang Ming, argues that U.S. dollar-pegged stablecoins, not Bitcoin or Ethereum, are strengthening the U.S. dollar’s global dominance. Dollar-Pegged Stablecoins Bolstering Dollar’s Global Role According to Zhang Ming, deputy director of the Institute of Finance and Economics at the Chinese Academy of Social Sciences, U.S. dollar-pegged stablecoins, not bitcoin ( BTC) or […]
Source link


Chain Articles > Blog > Bitcoin > Stablecoins, Not Bitcoin, Extend US Dollar Hegemony, Chinese Economist Warns
Stablecoins, Not Bitcoin, Extend US Dollar Hegemony, Chinese Economist Warns
posted on
You Might Also Like
Let’s Look At The Aftermath Of The Ripple v/s SEC: $50M Settlement Marks New Chapter
Jack DaviesMarch 27, 2025
Ripple Labs and the US Securities and Exchange Commission (SEC) have finally settled the legal battle that began in December...
We’ve Turned A Generation Of Bitcoiners Into Digital Goldbugs
Jack DaviesMarch 27, 2025
Bitcoin is a technology. It is not some force of the universe, some natural element or mineral that was “discovered”...
SEC Just Dropped 4 New Crypto Roundtables—Public Invited to Shape Regulations
Jack DaviesMarch 27, 2025
Regulators signal a seismic shift toward crypto clarity with four new SEC roundtables, fueling optimism as trading, custody, DeFi, and...
What Is The JELLY Crypto Drama? Are Binance Trying To Sabotage Hyperliquid?
Jack DaviesMarch 26, 2025
A coordinated group of whales, suspected of being backed by major cryptocurrency exchanges such as Binance and OKX, manipulated the...