US Dollar


Markets

Fed Preview: How Rate Hikes Could Stimulate Demand for Stablecoins

Higher interest rates will likely increase demand for the dollar. This could translate into higher demand for dollar-pegged crypto this year.

Federal Reserve building (Paul Brady Photography/Shutterstock)

Markets

50 Years After Bretton Woods, the US Dollar's Throne Is in Play

The greenback's share of world reserves is dropping steadily. The euro, yuan and bitcoin are all in the running to pick up the slack.

U.S. President Richard Nixon took the U.S. dollar off the gold standard in 1971.

Videos

Strike Phasing Out USDT From Bitcoin-Based El Salvador Remittances, CEO Says

Strike, the digital wallet startup behind El Salvador’s bitcoin-based payment system, is phasing out its use of Tether’s USDT stablecoin as a U.S. dollar substitute, CEO Jack Mallers said. “The Hash” team explores the ongoing scandal around Tether and the wider repercussions of El Salvador’s currency law.

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Videos

Michael Saylor: The US Dollar Will Be the Reserve Currency of the World and 'It Would Move on Bitcoin Rails'

MicroStrategy CEO and chairman Michael Saylor says the U.S. dollar will be the reserve currency of the world, and "it would move on bitcoin rails." Saylor also discusses buying more bitcoin with the $500 million bond sale his enterprise software company just completed, and he reacts to Elon Musk's tweet about Tesla supporting bitcoin if it becomes more environmentally friendly.

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Videos

El Salvador Commerce Secretary: Bitcoin Won’t Replace Dollar

El Salvador seeks to be the first country to adopt bitcoin as legal tender. Responding to Salvadorans fearful of a full pivot to a bitcoin standard, El Salvador’s Secretary of Commerce and Investments, Miguel Kattán, announced bitcoin would not replace the U.S. dollar.

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Markets

Crypto Won't Be Money Until IRS Accepts It for Taxes, Top Forex Strategist Says

The greenback has something else going for it cryptocurrencies don't: the bond market, notes Marc Chandler.

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Videos

Does the Rise of Bitcoin Signal the Decline of the Dollar?

As bitcoin’s valuation soars, some in the crypto world believe the U.S. dollar is on the decline, but Marc Chandler, of Bannockburn Global Forex, disagrees. Chandler explains his position in the crypto vs. fiat debate, why he sees crypto as “private fiat,” and how CBDCs will change the crypto ecosystem.

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Videos

Will Bitcoin Replace the Dollar as the Global Reserve Currency?

A Washington Post op-ed says that bitcoin is unlikely to ever dethrone the dollar as the world's global reserve currency, citing the asset's volatility and limited supply. "The Hash" panel debates.

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Videos

Investment Strategists On Bitcoin’s Anticipated Move to $50K

Lyn Alden, Founder of Lyn Alden Investment Strategy discusses what to look for as we approach bitcoin’s possible rise to $50K, also touching on the topics of gold, dollar weakness, and DeFi.

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