US Fed Study: Dollar Dominance in Global Debt Markets Persists
A recent study by the US Federal Reserve suggests that the US dollar remains central to global bond markets. According to the study, the dollar's sustained dominance is due to a lack of credible alternatives, despite periodic challenges. The report indicates that the dollar's position in global debt markets is maintained by its unique status, even when faced with competition or economic shifts. The findings highlight the dollar's resilience and its continued importance in international finance.
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