Morgan Stanley Expects Stablecoins To Back USD Amid De-dollarization Risks

Morgan Stanley, a prominent financial institution, anticipates stablecoins to back the U.S. dollar (USD) amidst concerns of de-dollarization. The report highlights the challenges USD is exposed to due to the rise of digital currencies. In addition, it underscored the global efforts to promote de-dollarization. EU & China Intensify De-dollarization Risks Morgan Stanley underscores the current The post Morgan Stanley Expects Stablecoins To Back USD Amid De-dollarization Risks appeared first on CoinGape .