Deutsche Bank: The stablecoin bill could enhance the global influence of the dollar

ChainCatcher news, according to Walter Bloomberg, Deutsche Bank strategist Marion Laboure stated that a new stablecoin regulatory bill approved by the Senate could reinforce the global dominance of the dollar in the digital age. Once passed, the bill will allow dollar-pegged stablecoins (which currently dominate the market) to attract foreign liquidity. This is expected to accelerate the adoption of digital dollars in unstable economies without the need for central bank digital currencies or traditional banking systems.