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Category U.S Dollar

IMF Warns Dollar-Linked Stablecoins Could Undermine Central Bank Control

IMF Warns Dollar-Linked Stablecoins Could Undermine Central Bank Control

• The International Monetary Fund stated that “many stablecoins do not have a true independence from the U.S. dollar and could become private dolla...
Local currencies surge as US dollar reserves dip

Local currencies surge as US dollar reserves dip

In a dramatic shift in global financial dynamics, 2023 has witnessed a significant dip in US dollar reserves held by Central Banks worldwide, parti...