Stablecoins Driving US Dollar Dominance As Fed Faces New ‘Balancing Act’: Billionaire Chamath Palihapitiya

Billionaire venture capitalist Chamath Palihapitiya says stablecoins are now solidifying the US dollar’s position as the world’s most dominant currency. In a new post on the online writing platform Substack, Palihapitiya cites Federal Reserve data to show that the US dollar has soared to its highest level in four decades. source: https://dailyhodl.com/2025/03/25/stablecoins-driving-us-dollar-dominance-as-fed-faces-new-balancing-act-billionaire-chamath-palihapitiya/