Search Results for: Charles Calomiris

Former Celsius CEO, Alex Mashinsky, is restricted in his financial operations and movement due to charges related to cryptocurrency fraud. Meanwhile, stablecoins are being discussed as a way to ensure US dollar’s global dominance, while critics warn of potential instability. The crypto and blockchain world continues to struggle for legitimacy and stability.

Stablecoins could potentially retain the global dominance of the U.S. dollar, countering “de-dollarization”. The authors express that with proper regulatory frameworks, stablecoins could reestablish the U.S. dollar’s role in international trade and provide relief for hyperinflation-affected economies.