Senator Cynthia Lummis Says Bitcoin Could Save The US Dollar
Cynthia Lummis says holding Bitcoin in government reserves will ground the US dollar against geopolitical tensions. Lummis opposes CBDCs and advocates for self-custody.
Cynthia Lummis says holding Bitcoin in government reserves will ground the US dollar against geopolitical tensions. Lummis opposes CBDCs and advocates for self-custody.
The latest news sees the famous founder of Twitter (now X), Jack Dorsey, declaring that Bitcoin has the potential to replace the US.
US dollar-pegged stablecoins could alleviate the government’s debt crisis and help the country’s dollar keep up with the Chinese yuan. The need for.
A group of economically-aligned nations known as BRICS is reportedly hammering out the details on a new global currency designed to drop dependence.
Blockchain firm Ripple aims to wrestle market share from USDT and USDC with the launch of a transparent, compliance-focused dollar-backed stablecoin. After years.
The US Federal Reserve maintains that crypto poses no threat to the stability of the US dollar. This comes amid Bitcoin’s recent surge.
Russian President Vladimir Putin says the US dollar is the main weapon used by the United States to preserve its power across the.
BRICS nations are moving towards complete de-dollarization by raising $3 billion in local currencies instead of the US dollar. The New Development Bank.
BRICS are intensifying efforts to end US dollar dominance by conducting trade in local currencies and developing a BRICS currency. Russia and China,.
Iran joins BRICS with a plan to challenge the US Dollar’s global dominance. The group is considering creating a unified BRICS currency as.