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Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official

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15 de septiembre
Más reciente15 sept, 21:06
Stablecoins could boost US dollar and Treasury demand: BoE
Dollar stablecoins have grown to about $300 billion in circulation, prompting a Bank of England policymaker to warn that their expansion could increase demand for US Treasurys while creating new risks during periods of heavy redemptions. Stablecoins could extend the…
Crypto.news•Lawrence Mondal
Primera noticia15 sept, 17:53
Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official
A Bank of England policy maker said digital dollars could expand access to the US currency while turning stablecoin issuers into bigger buyers of government debt.
Cointelegraph•Cointelegraph by Sam Bourgi