US Govt Set to End De-Dollarization With This Bold Move
The US dollar is currently standing at a crossroads, exploring lower value realms at the moment. With analysts predicting a new lower price threshold for the US dollar, the USD has no way out, considering the strict Trump tariff regime that continues to batter the USD, ushering in the onset of de-dollarization again. There have been multiple incidents in the past where countries around the world have attempted to block the USD usage either by exploring alternatives or by bolstering the usage of their local currencies. To curb the US dollar’s rapid decay, the US government has sought a new weapon, a new strategy that could ultimately end up eradicating de-dollarization. Also Read: De-Dollarization Changes Trade Rules: 40+ Countries Ditch US Dollar What Is This Secret Weapon All About? Source: Watcher Guru The US government is leaving no stone unturned in launching a strategic regulatory infrastructure to launch stablecoins. A bill touted as the GENIUS Act is currently awaiting pend...