PANews reported on September 21st that, according to Lianhe Zaobao, the trend of "de-dollarization" has recently become a hot topic again. Liu Yuanchun, president of Shanghai University of Finance and Economics, stated that the recent US legislation targeting digital finance and digital currencies, allowing for the full implementation and advancement of dollar-denominated stablecoins, not only consolidates the dollar's penetration and stability in the global system but also mitigates the risks posed by US debt. Steve Siddique, director of the East Asian Institute at the National University of Singapore, noted that while the US's embrace of cryptocurrencies and stablecoins is driving a global trend toward "dollarization," the potential risks of over-reliance on the dollar are becoming increasingly apparent.PANews reported on September 21st that, according to Lianhe Zaobao, the trend of "de-dollarization" has recently become a hot topic again. Liu Yuanchun, president of Shanghai University of Finance and Economics, stated that the recent US legislation targeting digital finance and digital currencies, allowing for the full implementation and advancement of dollar-denominated stablecoins, not only consolidates the dollar's penetration and stability in the global system but also mitigates the risks posed by US debt. Steve Siddique, director of the East Asian Institute at the National University of Singapore, noted that while the US's embrace of cryptocurrencies and stablecoins is driving a global trend toward "dollarization," the potential risks of over-reliance on the dollar are becoming increasingly apparent.
Liu Yuanchun, President of Shanghai University of Finance and Economics: The full implementation and promotion of the US dollar stablecoin will alleviate the risks posed by US debt.
PANews reported on September 21st that, according to Lianhe Zaobao, the trend of "de-dollarization" has recently become a hot topic again. Liu Yuanchun, president of Shanghai University of Finance and Economics, stated that the recent US legislation targeting digital finance and digital currencies, allowing for the full implementation and advancement of dollar-denominated stablecoins, not only consolidates the dollar's penetration and stability in the global system but also mitigates the risks posed by US debt. Steve Siddique, director of the East Asian Institute at the National University of Singapore, noted that while the US's embrace of cryptocurrencies and stablecoins is driving a global trend toward "dollarization," the potential risks of over-reliance on the dollar are becoming increasingly apparent.
Market Opportunity
Holo Token Price(HOT)
$0.0004776
$0.0004776$0.0004776
USD
Holo Token (HOT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Sumitomo Mitsui Plans JGB Portfolio Expansion Amid Yield Changes
Sumitomo Mitsui to expand its Japanese government bond holdings following a yield rout, impacting US Treasuries.Read more...
Share
Coinstats2026/01/21 13:42
Federal Reserve Lowers Interest Rates Again
The Federal Reserve has made the decision to lower interest rates by 25 basis points, signaling the possibility of further reductions later this year. This move comes as Fed officials appear divided on the future rate path, a divergence not seen in prior economic cycles.Continue Reading:Federal Reserve Lowers Interest Rates Again
Share
Coinstats2025/09/18 02:38
Tariff Refunds: Why Businesses and Consumers Won’t See Immediate Price Drops
The post Tariff Refunds: Why Businesses and Consumers Won’t See Immediate Price Drops appeared on BitcoinEthereumNews.com. TLDR Importers face long delays for tariff
Share
BitcoinEthereumNews2026/01/21 14:16