#EUPrivacyCoinBan #AppleCryptoUpdate #BinanceHODLerSTO #DigitalAssetBill #SaylorBTCPurchase

Forbes Digital Assets..

3 Reasons Why Stablecoins Will Improve U.S. Dollar Leadership

The U.S. is currently engaged in a number of geo-political and economic initiatives that are shaking up the global economy like few non-wartime events have in recent memory.

A core pillar of U.S. economic leadership leveraged by governments now and in the past is the status of the dollar as the global reserve currency.

the fact remains that dollar leadership is an important part of U.S. statecraft, diplomacy, and economic negotiation. Stablecoin legislation and efforts and both the federal and state level are pushing the debates around stablecoins from the back burner to the front burner, but the true implications of increased stablecoin utilization are just beginning to be understood by the wider markets.

virtually all of the over $200 billion stablecoin market comprised of dollar-backed stablecoins, including USDT that still raises questions around the status of reserves, clearer legislation is an imperative.