PANews reported on September 21st that, according to Lianhe Zaobao, the trend of "de-dollarization" has recently become a hot topic again. Liu Yuanchun, president of Shanghai University of Finance and Economics, stated that the recent US legislation targeting digital finance and digital currencies, allowing for the full implementation and advancement of dollar-denominated stablecoins, not only consolidates the dollar's penetration and stability in the global system but also mitigates the risks posed by US debt. Steve Siddique, director of the East Asian Institute at the National University of Singapore, noted that while the US's embrace of cryptocurrencies and stablecoins is driving a global trend toward "dollarization," the potential risks of over-reliance on the dollar are becoming increasingly apparent.PANews reported on September 21st that, according to Lianhe Zaobao, the trend of "de-dollarization" has recently become a hot topic again. Liu Yuanchun, president of Shanghai University of Finance and Economics, stated that the recent US legislation targeting digital finance and digital currencies, allowing for the full implementation and advancement of dollar-denominated stablecoins, not only consolidates the dollar's penetration and stability in the global system but also mitigates the risks posed by US debt. Steve Siddique, director of the East Asian Institute at the National University of Singapore, noted that while the US's embrace of cryptocurrencies and stablecoins is driving a global trend toward "dollarization," the potential risks of over-reliance on the dollar are becoming increasingly apparent.
Liu Yuanchun, President of Shanghai University of Finance and Economics: The full implementation and promotion of the US dollar stablecoin will alleviate the risks posed by US debt.
PANews reported on September 21st that, according to Lianhe Zaobao, the trend of "de-dollarization" has recently become a hot topic again. Liu Yuanchun, president of Shanghai University of Finance and Economics, stated that the recent US legislation targeting digital finance and digital currencies, allowing for the full implementation and advancement of dollar-denominated stablecoins, not only consolidates the dollar's penetration and stability in the global system but also mitigates the risks posed by US debt. Steve Siddique, director of the East Asian Institute at the National University of Singapore, noted that while the US's embrace of cryptocurrencies and stablecoins is driving a global trend toward "dollarization," the potential risks of over-reliance on the dollar are becoming increasingly apparent.
Market Opportunity
Holo Token Price(HOT)
$0.0004783
$0.0004783$0.0004783
USD
Holo Token (HOT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Qatar wealth fund commits $25bn to Goldman investments
The Qatar Investment Authority (QIA) has signed a preliminary agreement with Goldman Sachs, committing $25 billion in investments to US managed funds and co-investment
Share
Agbi2026/01/21 13:38
Positive view remains intact above 185.00, with bullish RSI momentum
The post Positive view remains intact above 185.00, with bullish RSI momentum appeared on BitcoinEthereumNews.com. The EUR/JPY cross loses ground near 185.25 during
Share
BitcoinEthereumNews2026/01/21 13:24
Cryptos Signal Divergence Ahead of Fed Rate Decision
The post Cryptos Signal Divergence Ahead of Fed Rate Decision appeared on BitcoinEthereumNews.com. Crypto assets send conflicting signals ahead of the Federal Reserve’s September rate decision. On-chain data reveals a clear decrease in Bitcoin and Ethereum flowing into centralized exchanges, but a sharp increase in altcoin inflows. The findings come from a Tuesday report by CryptoQuant, an on-chain data platform. The firm’s data shows a stark divergence in coin volume, which has been observed in movements onto centralized exchanges over the past few weeks. Bitcoin and Ethereum Inflows Drop to Multi-Month Lows Sponsored Sponsored Bitcoin has seen a dramatic drop in exchange inflows, with the 7-day moving average plummeting to 25,000 BTC, its lowest level in over a year. The average deposit per transaction has fallen to 0.57 BTC as of September. This suggests that smaller retail investors, rather than large-scale whales, are responsible for the recent cash-outs. Ethereum is showing a similar trend, with its daily exchange inflows decreasing to a two-month low. CryptoQuant reported that the 7-day moving average for ETH deposits on exchanges is around 783,000 ETH, the lowest in two months. Other Altcoins See Renewed Selling Pressure In contrast, other altcoin deposit activity on exchanges has surged. The number of altcoin deposit transactions on centralized exchanges was quite steady in May and June of this year, maintaining a 7-day moving average of about 20,000 to 30,000. Recently, however, that figure has jumped to 55,000 transactions. Altcoins: Exchange Inflow Transaction Count. Source: CryptoQuant CryptoQuant projects that altcoins, given their increased inflow activity, could face relatively higher selling pressure compared to BTC and ETH. Meanwhile, the balance of stablecoins on exchanges—a key indicator of potential buying pressure—has increased significantly. The report notes that the exchange USDT balance, around $273 million in April, grew to $379 million by August 31, marking a new yearly high. CryptoQuant interprets this surge as a reflection of…
Share
BitcoinEthereumNews2025/09/18 01:01