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Several international analysts examined how the introduction of a BRICS international payment system might affect the current use of the U.S. dollar in trade. Experts cited sanctions evasion, cost reduction,…
Stablecoin trading volumes skyrocketed following the confirmation of the end of currency control measures in Argentine markets. Local exchanges reported a 100% increase in trading volumes, initially driven by selling…
China seeks to maintain the stability of the yuan in the face of the current tariff war, informally asking state banks to stop their dollar purchases. According to Reuters, these…
Deutsche Bank has issued a warning regarding the potential risks to the U.S. dollar’s status as a global reserve currency, citing concerns over the reliability of the Federal Reserve’s liquidity…
The Venezuelan bolivar accelerated its loss against the U.S. dollar as the government faced dollar shortages amid an economic trade war. The Trump administration’s secondary trade tariff regime on Venezuelan…
In a recent social media post, former Coinbase CTO Balaji Srinivasan argued that U.S. dollar inflation acts as a form of global taxation, highlighting the disparity in financial impacts between…
Max Keiser stated that BRICS, driven by China, Russia, and India, will push the adoption of a gold-backed stablecoin to fight a hegemonic U.S. dollar stablecoin. The former will have…
In a recent social media post, economist Peter Schiff critiques the Trump administration’s characterization of the U.S. as the “world’s best customer,” arguing that this perspective misrepresents the global economic…
In a recent essay for the Financial Times that is heating up discussions in economic circles, Berkeley professor and author of Exorbitant Privilege: The Rise and Fall of the Dollar,…
A Chinese economist, Zhang Ming, argues that U.S. dollar-pegged stablecoins, not Bitcoin or Ethereum, are strengthening the U.S. dollar’s global dominance. Dollar-Pegged Stablecoins Bolstering Dollar’s Global Role According to Zhang…