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Cornell’s Eswar Prasad says stablecoins are reinforcing dollar dominance, not threatening it

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Stablecoins' reinforcement of dollar dominance could accelerate dollarization in emerging markets, challenging local currencies and CBDCs. The post Cornell’s Eswar Prasad says stablecoins are reinforcing dollar dominance, not threatening it…

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Cornell’s Eswar Prasad says stablecoins are reinforcing dollar dominance, not threatening it
Crypto Briefing 1h ago

Cornell’s Eswar Prasad says stablecoins are reinforcing dollar dominance, not threatening it

Stablecoins' reinforcement of dollar dominance could accelerate dollarization in emerging markets, challenging local currencies and CBDCs. The post Cornell’s Eswar Prasad says stablecoins are reinforcing dollar dominance, not threatening it…