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Stablecoins, Not Bitcoin, Extend US Dollar Hegemony, Chinese Economist Warns

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Stablecoins, Not Bitcoin, Extend US Dollar Hegemony, Chinese Economist Warns - Bitcoin News

Quick Summary:

A Chinese economist, Zhang Ming, argues that U.S.dollar-pegged stablecoins, not Bitcoin or Ethereum, are strengthening the U.S.dollar’s global dominance.

Dollar-Pegged Stablecoins Bolstering Dollar’s Global Role According to Zhang Ming, deputy director of the Institute of Finance and Economics at the Chinese Academy of Social Sciences, U.S.


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Article Details

Author / Journalist: Terence Zimwara

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-23 @ 03:30:24 (1 days ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 27247590

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About Bitcoin News

Bitcoin News Logo

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 14 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #62

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The story "Stablecoins, Not Bitcoin, Extend US Dollar Hegemony, Chinese Economist Warns" was covered 1 days ago by Bitcoin News, a news publisher based in Japan.

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Bitcoin News is a fully independent (privately-owned) news outlet established in 2008 that covers mostly crypto news.

The outlet is headquartered in Japan and publishes an average of 14 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://beamstart.com/news/stablecoins-not-bitcoin-extend-us-17427030232892

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