Stablecoins Bolster U.S. Treasury Demand and Reinforce Dollar Dominance, Citi Report Finds
The rise of stablecoins, digital currencies pegged to assets like the U.S. dollar, is significantly increasing demand for U.S. Treasury bills while solidifying the dollar’s position as the world’s leading reserve currency, according to a recent report by Citigroup. The report highlights how stablecoins, such… Read More
Read more in: Global, Blockchain & Digital Assets | Tagged citi, dollar dominance, insights, stablecoins, us