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Retrieved on: 2024-02-18 20:23:01
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Summary
Federal Reserve Governor Christopher Waller emphasized the enduring dominance of the U.S. dollar as the world's primary reserve currency despite concerns such as political instability, sanctions, and the rise of digital assets like stablecoins. Waller argued that the dollar's role is further reinforced by stablecoins, which are mostly pegged to it.
Article found on: www.foxbusiness.com
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