Much like Bitcoin, most fiat currencies experience periods of economic stagnation and immense decline when looked at from a broader perspective.
Dollar News
A dollar is the national monetary unit of the USA, along with some other countries, and the most common types of dollar are the US dollar, the Canadian dollar, the Australian dollar, etc. Most affairs are made with the use of USD and, besides that, after World War II, the US dollar has become the world’s primary reserve currency or worldwide currency. In 1971, the cancellation of the direct convertibility of the United States Dollar to gold was ordered by President Richard Nixon. In some countries the dollar has the status of being the de facto currency which allows using it instead of the official one. The right of issuing the US dollars belongs to the Federal Reserve System and all dollar bills that have been issued since 1861 are still legal.
- Analysis
- News
by Jack Martin
As the Federal Reserve reveals it has been told to print as much money as it needs to combat the coronavirus crisis, Crypto-Twitter points out the shortcomings ...
- News
by Helen Partz
One of the world’s oldest crypto exchanges, OKCoin, now allows users in Singapore and Brunei to trade the Singapore dollar against Bitcoin and Ether.
- News
by Helen Partz
Major cryptocurrency wallet service and blockchain data supplier Blockchain.com now allows all users to borrow Paxos Standard against Bitcoin.
- News
by Helen Partz
Bitfinex, an affiliate exchange of stablecoin firm Tether, rolled out futures trading for Tether’s new gold-backed coin XAU₮.
- Opinion
The newest financial tech can be backed by one of the most ancient and important precious metals. Is it a step forward or a step back?
- News
by Helen Partz
The Central Bank of the Bahamas plans to adopt the Bahamian digital dollar pilot in the second half of 2020.
- News
The U.S. Office of the Director of National Intelligence is seeking a researcher to model risk scenarios for how and why the dollar could lose its global suprem...
- News
Fed Nominee Judy Shelton speaks about the need for a digital dollar at a confirmation hearing in the US Senate.
- News
by Helen Partz
Major Canadian investment fund manager 3iQ and blockchain firm Mavennet co-launched a new regulated stablecoin pegged to the Canadian dollar.
- News
Japan is feeling the pressure of China’s moves forward with a digital yuan, with lawmakers calling for the G7 to put CBDCs on its 2020 agenda.
- News
by Helen Partz
Deutsche Bank’s research arm issued a report predicting that cash will be around for a long time despite the surge of digital currencies.
- News
by Helen Partz
Major global economists credit Facebook’s Libra with pushing the world to reconsider the U.S. dollar as the world’s anchor currency at WEF panel in Davos.
- News
by Helen Partz
Former CFTC chairman J. Christopher Giancarlo has some new remarks regarding his Digital Dollar initiative, speaking in Davos.
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