Stablecoins Boost Dollar’s Global Influence, Says Anthony Scaramucci

Anthony Scaramucci, founder of SkyBridge Capital, argues that stablecoins, specifically those pegged to the US dollar, are not a threat to the greenback’s global dominance but rather a key factor in strengthening its reserve currency status. His perspective challenges the notion of digital currencies as competition to traditional finance. The article explores how stablecoins offer a digital bridge between the crypto and traditional financial worlds. This link enhances the dollar’s influence in both the traditional and increasingly digitized economic systems.