Lates News

Deutsche Bank has stated that the possibility of the United States developing a stablecoin denominated in US dollars could help protect the global dominance of the dollar, a point that "cannot be overlooked." Deutsche Bank strategist Mallika Sachdeva wrote in a report that "stablecoins appear to be the answer for the United States to defend the dollar's position in the global payment system. This is opting for a private sector solution rather than central bank digital currencies."