Stablecoins, Not Bitcoin, Extend US Dollar Hegemony, Chinese Economist Warns

A Chinese economist, Zhang Ming, argues that U.S. dollar-pegged stablecoins, not Bitcoin oregon Ethereum, are strengthening the U.S. dollar’s planetary dominance. Dollar-Pegged Stablecoins Bolstering Dollar’s Global Role According to Zhang Ming, lawman manager of the Institute of Finance and Economics astatine the Chinese Academy of Social Sciences, U.S. dollar-pegged stablecoins, not bitcoin ( BTC) oregon […]