“Digital Dollar” Alternative Stablecoin Regulation XBIT Cryptocurrency Wallet May Create New Support for the US Dollar
Standard Chartered Bank latest research report points out that if US President Trump signs the brewing stablecoin regulatory bill this summer, the US financial market may usher in a structural change. The bank chief strategist Geoff Kendrick predicted in the report that the scale of stablecoin assets will surge from the current US$230 billion to US$2 trillion within four years due to the implementation of the regulatory framework, of which about US$1.6 trillion of new funds will flow into the
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