Peter Schiff Calls Out Stablecoins as Weak Shield for Dollar Dominance

Peter Schiff, an economist and critic of U.S. monetary policy, recently expressed his concerns about stablecoins and their role in securing the dollar’s dominance. In a series of X posts, Peter Schiff argued that stablecoins are unlikely to preserve the U.S. dollar’s role as the world’s reserve currency. He further emphasized that stablecoins’ primary function

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