US Bitcoin reserve has pundits in tailspin as Trump inauguration looms
Trump’s term may witness the adoption of a US Bitcoin reserve. Is this the only way forward or…
Browsing Tag
Dollar dominance
13 posts
Stablecoins would help US keep up with China: Former House speaker
The need for the U.S to implement dollar-backed stablecoins “couldn’t be timelier” as China continues to come up…
Stablecoins could boost dollar as global reserve currency: Fed governor
The rapid growth of crypto could threaten dollar dominance, but that’s unlikely due to the popularity of U.S.…
Russian President Putin Says US Dollar-Based Global Financial System Is Collapsing
Russian President Vladimir Putin has stated that the U.S. dollar-based global financial system is gradually collapsing. “After all,…
Chinese Yuan Not Ready to Topple US Dollar as World Reserve Currency, Says Strategist
A global macro strategist has explained that the Chinese yuan is unlikely to replace the U.S. dollar as…
Indian Official: De-Dollarization Remains Distant, Rupee Should Become Dominant Currency
India’s oil and gas minister says de-dollarization is a long way away. The official emphasized his desire to…
Economist Expects US Rating Downgrade to Accelerate De-Dollarization Process
Economists have warned about the adverse impact of Fitch’s U.S. rating downgrade on the dollar. One expects the…
Russia, 10 Southeast Asian Nations Discuss Using National Currencies in Trade Settlements
Russia is discussing using national currencies in trade settlements with 10 Southeast Asian countries, members of the Association…
BRICS Gold-Backed Currency Will Benefit Iran, Weaken US Dollar, Iranian Official Says
An Iranian official has stated that Iran stands to benefit from a gold-backed common BRICS currency. The official…
BRICS Bank Official Discusses Common Currency as Reports of Gold-Backed BRICS Currency Gain Attention
The BRICS Bank’s vice president and chief financial officer has shed light on the economic bloc’s aspiration to…