The DDD (Detrimental Dollar Dominance) Syndrome
The dollar dominance does not benefit the United States as it mostly benefits the financial sector, at the expense of industries especially the manufacturing.
Latest dollar News
Dollar collapse, bullish?
As Bitcoin gains traction, it could reshape global power structures, spur innovation, and promote financial inclusivity. This shift could prove to be a net good for freedom and prosperity worldwide.
Bitcoin SV to reach 10,000 soon?
Bitcoin and USD valuation comes down to one simple question: what is an ideal, realistic or fair U.S. dollar price for 1 satoshi?
Will there be a USD digital currency? Lawmakers want to know
A letter has been drafted by two legislators and sent to the chairman of the the Federal Reserve, asking for clarification on the subject.
Can crypto end USD dominance? Not likely, says ex-fed official
Former U.S. Federal Reserve official, Simon Potter is certain that no digital currency can ever be stronger than the dollar in backing global economies.
Facebook Libra to get 50% backing from US dollar, not yuan
The currency will be backed by several fiat currencies from different parts of the world, but adds that there won’t be any support for China’s yuan.
Tether co-founder admits he doesn’t have clue how stablecoins work
If there was any doubt over whether or not Tether knew what it was doing, that doubt has now been removed and it is apparent that it doesn’t.
UK central bank chief: crypto could displace the US dollar
Mark Carney believes that the dollar will lose its place as the global reserve currency and adds that digital currency could take its place.
Japanese yen tops US dollar in Bitcoin trading
The Japanese yen is now higher in trading against Bitcoin Core (BTC) than the U.S. dollar. Coinhills data reveals that the yen has taken the top spot in trading
Russia reportedly to ditch US dollar for Bitcoin
According to a university lecturer in Moscow, Russia could be contemplating dumping the U.S. dollar in favor of cryptocurrencies.
Lazard CEO: Cryptocurrency proves USD doesn’t hold up as reserve money
U.S.'s view toward foreign policy and international trade is a threat to the strength of the U.S. dollar as the world's preferred reserve currency, according to Lazard CEO Kenneth Jacobs.