People Will Switch from Local Currencies to Dollars as Stablecoins Become More Prominent: Report
Silicon Valley Bank and Sphere Labs have jointly published a report, called Runaway Dollarization, on dollar-based payment stablecoins- effectively, regulated digital dollars. The thesis is that the growth of digital dollars will boost dollarization in a positive way while also reducing reliance on local currencies… Read More
Read more in: Blockchain & Digital Assets, Opinion, Politics, Legal & Regulation | Tagged digital dollars, research, silicon valley bank, sphere labs, stablecoins