
How Stablecoins Could Save the Dollar's Global Reserve Role
The Breakdown
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The Importance of Passing the Stable Coin Bill for the Dollar's Global Reserve Role
This chapter highlights the need for federal regulatory clarity on stablecoins in the United States, as they have the potential to expand the reach of the dollar in financial access globally. It emphasizes that passing the bill would enable regulation, transparency, and maintenance of the dollar's global reserve role.
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