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TechFlow news — Morgan Stanley says the U.S. dollar could lose its dominant status due to growing interest in digital assets, including bitcoin.
The investment bank emphasized that the dollar's dominance "is facing increasing scrutiny," adding, "Reducing reliance on the dollar is evident and has fueled interest in digital currencies such as bitcoin, stablecoins, and central bank digital currencies (CBDCs)."
Morgan Stanley stated that the U.S. dollar could lose its dominant status due to growing interest in digital assets, including bitcoin. The investment bank emphasized that the dollar's dominance "is coming under increasing scrutiny," adding, "Reducing reliance on the dollar is evident, and this has fueled interest in digital currencies such as bitcoin, stablecoins, and CBDCs."
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