The core of the so-called "Tether theory" is that private entities can successfully issue dollar-denominated debt at the sovereign scale, backed by their own reserves, and operate under a regulatory framework of their own choosing.
JinseFinanceChina is actively seeking to challenge the dominance of the US dollar as the world’s primary reserve currency, with a strategic push to extend the digital yuan’s role in both domestic transactions and cross-border payments.
KikyoGoogle seems to be discretly branding Ripple’s XRP as a top contender for the role of a global bridge currency, fueling excitement among both crypto enthusiasts and traditional finance professionals.
XingChiThe problem that stablecoins need to solve is not just payment, but connection. Connecting people, connecting systems, and also connecting the operating logic of the next generation of digital ecology.
JinseFinanceRussian Foreign Minister Sergey Lavrov recently announced that 67% of trade within the BRICS bloc is now carried out using national currencies — a dramatic departure from previous norms.
XingChiStablecoins, Trump, the crown no one wants: the hidden cost of the global reserve currency Golden Finance, no single country can continue to provide basic global currency functions.
JinseFinanceNic Carter, co-founder of Castle Island Ventures and Coin Metrics, notes that with the acceleration of deglobalization and de-dollarization this year, this new market could potentially extend the lifespan of the dollar as the world's reserve currency.
Cheng YuanThe South Korean won is now the world’s most traded currency by crypto-asset volume, with speculative demand for risky tokens surging in the country. On Tuesday (April 16), data from research firm Kaiko showed that the cumulative trading volume of South Korean won on centralized cryptocurrency exchanges in the first quarter of 2024 was US$456 billion, while the US dollar trading volume was US$445 billion.
BerniceDavid Marcus envisions Bitcoin as the primary currency for AI agents, facilitating seamless and automated financial transactions. This concept gains support from industry leaders, reinforcing the interconnected future of AI and cryptocurrencies.
SanyaThe USD is losing ground to the Yuan- and some have begun to ask if crypto can fill the void that it will leave behind.
Clement