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WH CRYPTO CZAR SACKS: STABLECOIN BILL WOULD CREATE DEMAND FOR US DOLLARS
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STABLECOIN BILL MAY BOOST DOLLAR'S GLOBAL POWER: DEUTSCHE BANK A new Senate-approved bill regulating stablecoins could strengthen the U.S. dollar’s global dominance in the digital era, says Deutsche Bank strategist Marion Laboure. If passed, the law would allow dollar-pegged stablecoins—already the majority of the market—to draw in foreign liquidity. This could speed up digital dollar use in unstable economies without needing a central bank digital currency or traditional banking systems.
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