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The Money Movement with Jeremy Allaire | Leaders in Blockchain, Crypto, DeFi & Financial Inclusion cover image

Ep 89 | Stablecoins and the Future of the Financial System | A Conversation with Heath Tarbert*

The Money Movement with Jeremy Allaire | Leaders in Blockchain, Crypto, DeFi & Financial Inclusion

NOTE

The Impact of the Dollar as the World's Reserve Currency

The future of the financial system and America's role in it are at stake. The dollar being the world's reserve currency gives the United States a major privilege. This translates into benefits such as lower interest rates, funding for social security, education and infrastructure, and the ability to project power and finance the military. Additionally, being the world's number one medium of exchange makes it easier to buy and sell American goods.

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