Crypto Currency Tracker logo Crypto Currency Tracker logo
Invezz 2023-05-17 16:22:55

Interview: Why are USD stablecoins so dominant? Are there any GBP equivalents?

The dollar is the global reserve currency, and has been ever since the Bretton-Woods conference in 1944. Oil, gold and other commodities are commonly priced in dollars. Central banks hold dollars. Monetary policy in the US heavily influences nations around the world. This is part of the reason for the US dollar’s immense strength last The post Interview: Why are USD stablecoins so dominant? Are there any GBP equivalents? appeared first on Invezz .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.