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Digital currency will be key to international commerce, US dollar dominance: Circle CEO

Retrieved on: 2024-01-17 22:47:48

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Digital currency will be key to international commerce, US dollar dominance: Circle CEO. View article details on HISWAI: https://finance.yahoo.com/news/digital-currency-will-be-key-to-international-commerce-us-dollar-dominance-circle-ceo-223211891.html

Summary

At the World Economic Forum in Davos, Circle's CEO Jeremy Allaire discussed the US dollar's role in the digital currency space, highlighting technology's impact on currency competition and the importance of the US maintaining its lead through efficient cross-border transactions using digital dollars like USDC. The article also touches on legislation, Circle's market position, and the possibility of Bitcoin becoming a reserve asset.

Article found on: finance.yahoo.com

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