cryptojournalist
The US dollar has lost a lot of value since 1913, but it’s still the world’s favorite currency. People trust it to hold their money safely, even in tough times.
Bitcoin and Trump’s Stance
Ki Young Ju, CEO of CryptoQuant, thinks Trump’s Bitcoin policies will depend on how strong the US dollar looks. When people lose confidence in the US economy, Bitcoin and gold usually gain value. But for now, the dollar remains king.
Ju doesn’t think Trump will push for Bitcoin reserves, as it could hurt the dollar’s dominance. Trump’s focus on US strength and the dollar’s popularity make that unlikely.
Stablecoins: The Digital Dollar Evolution
Stablecoins, which are digital versions of the dollar, are changing the way money works. Paxos CEO Charles Cascarilla says they combine the dollar’s stability with blockchain’s speed and global reach.
In countries with high inflation, like Turkey, people are using stablecoins to protect their money. Turkey leads the world in stablecoin use because of its struggling lira. In Latin America, stablecoins are also huge, making up over half of crypto transactions in some countries.
