CoinScoopBank of England official: Stablecoin growth supports dollar dominance and demand for US Treasuries
Carolyn Wilkins, an external member of the Financial Policy Committee (FPC) at the Bank of England, stated on September 15 that the growth of stablecoins could enhance the dominance of the US dollar and increase demand for US Treasury bonds.
Summaries are written by AI from the original article. Not investment advice.