Morgan Stanley Warns: Digital Currencies May Challenge US Dollar's Reign Morgan Stanley has issued a report, “Digital (De)Dollarization?”, shedding light on the potential shift in the currency landscape due to digital assets. Authored by Andrew Peel, the bank’s executive director and head of Digital Asset Markets, the report highlights the increasing scrutiny of the US dollar’s dominance amidst geopolitical changes and the growing US twin deficits. Peel points out that the rise of digital assets like bitcoin, the expansion of stablecoin volumes, and the emergence of central bank digital currencies (CBDCs) could significantly impact the global currency dynamics. He notes that recent US monetary policies and the strategic use of economic sanctions are prompting some nations to seek alternatives to the dollar. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Defies Commodity Downturn as Rate Cut Hopes Boost Investor Appeal READ MORE Bitcoin Rallies on Cooling Inflation, Eyes New Highs READ MORE Schmid: Inflation Close, But Rate Cut Uncertain Without More Data READ MORE China's Leadership Mulls Market Rescue Measures Amid Stock Crisis READ MORE Summer Demand Boost and OPEC+ Cuts Drive Oil Prices Higher READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment