CoinVoice latest news, according to a report by Lianhe Zaobao, the trend of 'de-dollarization' has recently become a focus again. Liu Yuanchun, president of Shanghai University of Finance and Economics, stated that the recent U.S. legislation regarding digital finance and digital currency allows for the comprehensive implementation and promotion of U.S. dollar stablecoins, which not only consolidates the penetration and stability of the U.S. dollar in the global system, but also alleviates the risks presented by U.S. debt.
Xie Ruide, director of the East Asian Institute at the National University of Singapore, pointed out that on one hand, the U.S. embraces cryptocurrencies and stablecoins, promoting a global trend of 'dollarization'; on the other hand, the potential risks of excessive reliance on the U.S. dollar are becoming increasingly evident. [Original link]