U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength

U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength

[ad_1] Waller, who was appointed to the board in 2020 by then-President Donald Trump, did acknowledge that a future in which people shifted from using dollars to using digital currencies could still be a monetary-policy danger. But he argued Thursday that the repeated rhetoric about the decline of the dollar as the global reserve currency … Read more

Bitcoin's ‘De-Dollarization’ Narrative Loses Ground As USD Tightens Its Grip on International Transactions

Bitcoin's ‘De-Dollarization’ Narrative Loses Ground As USD Tightens Its Grip on International Transactions

[ad_1] “The growing importance of the USD as the currency of choice for international payments and transactions is another reason for global official and private investors to buy the currency. In turn, this should slow down further any push towards de-dollarisation,” the strategists, led by Valentin Marinov, added. [ad_2] Source link