dollar dominance
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X @Nick Szabo
Nick Szabo· 2026-03-22 19:57
RT Marko Simovic (@markosim82)This is the clearest framing I've seen anywhere. What you're really describing is the petrodollar losing its physical layer. For 50 years, dollar dominance in energy was enforced through guaranteed safe passage. Iran just proved that guarantee is breakable — and China had the plumbing ready. The question is whether the US can reverse this before it becomes the new normal. ...
X @The Economist
The Economist· 2025-11-27 15:20
Together with other members of the BRICS group of countries, China’s central bank is building a digital payment system with the goal of recruiting enough countries to chip away at the dollar’s dominance. Officials promise progress in 2026 https://t.co/2G04nWY3b1 ...
Deputy Treasury Secretary: Legislative clarity will give people confidence to utilize crypto
CNBC Television· 2025-07-18 15:43
Crypto Regulation & Market Impact - The Genius Act, regulating stablecoins, is expected to be signed, adding legitimacy and safety to the crypto space [1] - Legislative clarity for stablecoins aims to modernize the payment system, potentially cementing the dollar as the world's reserve currency [2] - The regulation seeks to prevent innovation from moving abroad and to counter potential dominance by other countries like China in international standard setting [3][4] - Crypto companies like Coinbase, Robinhood, and Circle are seen as potential winners from the new regulations [5] Financial & Economic Implications - Stablecoins could introduce new competition in the foreign remittance space, offering faster and cheaper international money transfers compared to traditional methods [6] - Increased dollar-based trade facilitated by stablecoins could further solidify the dollar's position as the world's reserve currency [8] - The administration believes the economy is growing stronger than pessimists suggest, citing retail sales exceeding expectations [13] - The administration's economic plan aims to bring back affordable growth without inflation by increasing domestic production [14] Monetary Policy & Future Outlook - The administration is focused on selecting a Fed chair who will facilitate growth and ensure the right interest rate environment [17] - The administration suggests that if supply is unleashed, there is no reason to anticipate inflation, questioning the need for high interest rates [18]
X @Watcher.Guru
Watcher.Guru· 2025-07-18 15:24
JUST IN:🇺🇸 President Trump's Director of Digital Assets says passing the crypto Genius Act means the US is "securing dollar dominance and unlocking innovation." ...
X @Investopedia
Investopedia· 2025-07-16 13:30
Market Trends - Dollar-backed stablecoins are experiencing rapid growth [1] - The USD is hitting 30-year reserve lows in 2025 [1] Potential Impacts - Digital currencies could pose a threat to dollar dominance [1] - Digital currencies could preserve dollar dominance [1]