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2025-04-06 22:01:31

tzongocu on Nostr: 📰 News Alert... 🔖 Title: Stablecoins: A Strategic Asset for US Dollar ...

📰 News Alert...

🔖 Title: Stablecoins: A Strategic Asset for US Dollar Dominance, Says LayerZero CEO
🗓️ Published: 2025-04-06T10:00:00-04:00
📄 Summary: Bryan Pellegrino, CEO of LayerZero Labs, emphasized the critical role stablecoins play in ensuring the US dollar's dominance in the global financial landscape. In a recent interview, he explained how dollar-pegged tokens are crucial for maintaining demand, especially in countries with high inflation. With entities like Tether becoming significant holders of US Treasuries, the US government is increasingly recognizing stablecoins as a vital tool to uphold the dollar's status as the world's reserve currency.
🔗 https://cointelegraph.com/news/stablecoins-best-way-ensure-us-dollar-dominance-web3-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

🗞️ Source: Cointelegraph by Vince Quill
💓 #Stablecoins #USDominance #Web3
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