Morgan Stanley, a prominent financial institution, anticipates stablecoins to back the U.S. dollar (USD) amidst concerns of de-dollarization. The report highlights the challenges USD is exposed to due to the rise of digital currencies. In addition, it underscored the global efforts to promote de-dollarization.
Morgan Stanley Expects Stablecoins To Back USD Amid De-dollarization Risks
coingape.com
16 January 2024 14:40, UTC