News
Abu Dhabi’s Universal Digital has launched USDU, the first US dollar‑backed stablecoin registered by the UAE central bank under its Payment Token Services Regulation.
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Dollar News
The dollar is the national currency of the United States and some other countries. Some of the most common currencies using the dollar moniker are the U.S. dollar, the Canadian dollar and the Australian dollar. Since World War II, it has been the world’s primary reserve currency. In 1971, U.S. President Richard Nixon depegged the dollar from gold, making it a fiat currency. Dollarization in other countries allows citizens to use it unofficially.
In contrast, Bitcoin, a decentralized digital currency, challenges the dollar’s hegemony. Discussions on de-dollarization arise as countries seek to diversify financial systems, reducing reliance on the dollar. This shift raises questions about the dollar’s long-term status and prompts reevaluations of global economic strategies.
The Federal Reserve System holds the authority to issue U.S. dollars, and all dollar bills issued since 1861 remain legal tender. The dynamic interplay between the dollar, Bitcoin and de-dollarization underscores the evolving landscape of global finance.
- News
The FOMC paused rate cuts, but a weakening dollar may be doing the easing instead, reshaping expectations for Bitcoin, crypto markets and US monetary policy.
1800 - Market Update
Bitcoin disappointed with an apparent failed breakout above $90,000 after gold soared to fresh highs and US dollar strength nosedived.
1810 - Market Analysis
Bitcoin dropped below levels that historically marked cycle bottoms versus gold and preceded major rallies in dollar terms.
1706 - News
Tether has launched USAt, a dollar-pegged stablecoin designed to operate in the US under the GENIUS Act framework, with Anchorage as its banking partner.
1675 - News
In his latest interview, American media personality Tucker Carlson challenged Peter Schiff on whether Bitcoin can fix the declining US dollar system.
2075 - News
Tether’s XAUt tokenized gold now accounts for more than half of the gold-backed stablecoin market as the US dollar weakens amid renewed safe-haven demand.
2427 - News
Proposed US crypto rules could push stablecoin investors toward offshore and synthetic dollar products as onshore yield options are restricted.
4543 - Market Analysis
Crypto markets sell off as US stocks and global markets react to US President Donald Trump’s new tariff threats. Will the tensions put a stop to Bitcoin's start-of-year recovery?
3295 - Price Analysis
Bitcoin and altcoins lost part of their recent gains after the US trade war with various European countries resumed, prompting some traders to reduce risk and watch from the sidelines.
3700 - Price Analysis
The crypto market rally lost momentum as Bitcoin met resistance near $98,000, but technical charts suggest traders will actively buy dips to underlying support levels in altcoins and BTC.
4131 - News
The CLARITY Act is becoming a fight over who controls yield as rules split DeFi companies and incumbents and risk pushing onchain US dollar yield offshore.
8587 - Market Analysis
Bitcoin rallied to $92,000 as Federal Reserve chair Jerome Powell spoke about a potential DOJ investigation into the Fed. Will BTC's strength hold?
4357 - Price Analysis
Bitcoin and several major altcoins bounced off their strong support levels, but charts and trading volume suggest bears will continue to sell at the range highs.
3835 - Spotlight
The rising demand for clarity in digital finance is giving rise to a new savings model that accumulates value in real-time while eliminating lockup requirements.
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