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.
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.
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- News
Proposed US crypto rules could push stablecoin investors toward offshore and synthetic dollar products as onshore yield options are restricted.
3704 - 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?
3134 - 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.
3664 - 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.
4104 - 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.
8490 - 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?
4344 - 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.
3817 - 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.
25550 - Price Analysis
Bitcoin and several major altcoins continued their march higher, indicating improving investor sentiment and sustained demand from the bulls.
7205 - News
The first block was mined and added to the Bitcoin ledger on Jan. 3, 2009, by pseudonymous cryptographer Satoshi Nakamoto.
7353 - Price Analysis
Bitcoin and several major altcoins are stumbling near their overhead resistance levels, indicating that the bears remain active at higher levels.
4810 - News
Galaxy’s Alex Thorn says Bitcoin's $126,000 peak translates to $99,848 after being adjusted for inflation, falling short of its milestone six-figure mark.
3920 - Price Analysis
Bitcoin and select altcoins are attempting to start a recovery, but higher levels are expected to attract strong selling by the bears.
3621 - News
The European Central Bank plans to enable DLT transactions in 2026 as it prepares for the digital euro issuance and lawmakers establish rules on privacy.
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