Peter Schiff Doesn't Think Stablecoins Will Help Preserve Dollar Dominance — Here's What The Economist Says They'll Do Instead

Economist and market commentator Peter Schiff raised doubts about the potential of stablecoins to uphold the U. S. dollar’s dominance on Wednesday, stating that their primary use would be in cryptocurrency trading. What Happened: Schiff took to X, disputing the widely touted role of stablecoins in helping the U. S. economy. source: https://www.benzinga.com/crypto/cryptocurrency/25/06/46010451/peter-schiff-doesnt-think-stablecoins-will-help-preserve-dollar-dominance-heres-what-the-economist-says-theyll-do-instead?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site