Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

2025-05-18

Dogecoin Prise Tests Panic zone at $ 0.21, the breakdown can lead to price crash

2025-05-18

Bitcoin: This indicator reflects 2024’s Bull Run – will history repeat?

2025-05-18
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

    2025-05-18

    Ailayer forges Alliance with Gaea to create a decentralized AI-driven metaverse

    2025-05-18

    Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

    2025-05-18

    Interview with Nieuwe Lukso Coo

    2025-05-18

    B2 Network brings AI to Bitcoin with DSN-AI Rollup Protocol

    2025-05-18
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18

    Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

    2025-05-18

    Judge denies joint bid from Ripple and the SEC to end their long -term legal battle to end XRP

    2025-05-17

    A dozen new defendants who were sued in the alleged Rico -entry, connected to $ 263,000,000 crypto theft

    2025-05-17
  • Analysis

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Morgan Stanley says central bank digital currencies could make the US dollar disappear
Analysis

Morgan Stanley says central bank digital currencies could make the US dollar disappear

2024-01-15No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Banking giant Morgan Stanley says central bank digital currencies (CBDCs) could help shift the hegemony of the US dollar.

In a new research note, says Andrew Peel, executive director and head of digital asset markets at the bank say that CBDCs are capable of creating a new standard for cross-border payments, reducing the need for the dollar and traditional payment structures.

Says Peel,

“As CBDCs become more widely adopted and technologically advanced, they have the potential to establish a uniform standard for cross-border payments, which could reduce dependence on traditional intermediaries such as SWIFT and the use of dominant currencies such as the dollar .

Furthermore, CBDCs can enable significant innovation in financial services, such as the use of smart contracts to automate payments, making the concept of programmable money a practical reality.”

The analyst also says that US dollar-pegged stablecoins “will have a profound impact” on the global financial sector and have the potential to reshape the way money moves across borders. Peel suggests stablecoins may be crypto’s ‘killer app’.

“Rather than challenge the dollar’s dominance, their continued evolution and growing acceptance by mainstream financial entities underscore their potential to significantly change the landscape of global finance and in effect cement the dollar as the dominant global currency…

As the world adapts to these technological advances, understanding the interplay and nuances between traditional fiat currencies, Bitcoin, e-money, and stablecoins becomes critical. These dynamics will significantly impact the future of international trade and finance and potentially reshape the global economic and financial landscape.”

Don’t miss a beat – Subscribe to receive email alerts straight to your inbox

Check price action

follow us on Tweet, Facebook And Telegram

Surf to the Daily Hodl mix

Generate image: Midjourney



Source link

See also  XRP refuses to retreat as crypto analyst identifies when price will rise to $2
bank Central Currencies Digital disappear dollar Morgan Stanley
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

2025-05-18

The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

2025-05-18

Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

2025-05-17

Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

2025-05-17
Add A Comment

Comments are closed.

Top Posts

Stablecoins and Bitcoin – The road to $140,000 in the first quarter depends on…

2025-01-16

Helium (HNT) jumps after SEC reverses a lawsuit against the team behind the decentralized wireless network

2025-04-12

How Ethereum Fees and ETH Can Be Affected by These Moves

2023-08-28
Editors Picks

Alibaba Cloud and Avalanche make it easy for companies to launch Metaverses

2023-05-05

SEC’s Hester Peirce questions the Commission’s stubborn stance on SAB 121

2024-09-10

NFT trading volume is down, but it’s not stopping developers from entering Web3

2023-08-03

Bitcoin Price Faces a Major Challenge: Can Bulls Send BTC to $37,000?

2023-11-06

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

Dogecoin Prise Tests Panic zone at $ 0.21, the breakdown can lead to price crash

Bitcoin: This indicator reflects 2024’s Bull Run – will history repeat?

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,701.272.42%
  • ethereumEthereum(ETH)$2,450.54-1.11%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.412.40%
  • binancecoinBNB(BNB)$647.861.24%
  • solanaSolana(SOL)$171.053.01%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2296776.89%
  • cardanoCardano(ADA)$0.751.08%
  • tronTRON(TRX)$0.266436-1.14%
  • suiSui(SUI)$3.851.17%
  • chainlinkChainlink(LINK)$15.672.11%
  • avalanche-2Avalanche(AVAX)$22.691.92%
  • stellarStellar(XLM)$0.2915141.93%
  • hyperliquidHyperliquid(HYPE)$26.813.89%
  • shiba-inuShiba Inu(SHIB)$0.0000154.21%
  • hedera-hashgraphHedera(HBAR)$0.1950152.15%
  • bitcoin-cashBitcoin Cash(BCH)$404.443.25%
  • unus-sed-leoUNUS SED LEO(LEO)$8.65-3.25%
  • the-open-networkToncoin(TON)$3.131.64%
  • litecoinLitecoin(LTC)$99.793.34%
  • polkadotPolkadot(DOT)$4.722.19%
  • moneroMonero(XMR)$336.800.69%
  • bitget-tokenBitget Token(BGB)$5.143.51%
  • pepePepe(PEPE)$0.0000139.72%
  • daiDai(DAI)$1.00-0.02%
  • piPi(PI)$0.747.16%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$6.024.83%
  • bittensorBittensor(TAO)$417.77-1.52%
  • aaveAave(AAVE)$227.562.22%
  • nearNEAR Protocol(NEAR)$2.793.56%
  • aptosAptos(APT)$5.120.64%
  • okbOKB(OKB)$52.89-0.58%
  • ondo-financeOndo(ONDO)$0.942.88%
  • kaspaKaspa(KAS)$0.1107821.36%
  • ethereum-classicEthereum Classic(ETC)$18.481.86%
  • internet-computerInternet Computer(ICP)$5.241.65%
  • gatechain-tokenGateToken(GT)$21.700.53%
  • crypto-com-chainCronos(CRO)$0.0985430.92%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.093.94%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2387732.90%
  • mantleMantle(MNT)$0.741.48%
  • vechainVeChain(VET)$0.0285713.06%
  • render-tokenRender(RENDER)$4.601.34%
  • ethenaEthena(ENA)$0.3802398.36%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • algorandAlgorand(ALGO)$0.2241514.11%
  • filecoinFilecoin(FIL)$2.872.74%
  • cosmosCosmos(ATOM)$4.883.15%
  • bitcoinBitcoin(BTC)$105,701.272.42%
  • ethereumEthereum(ETH)$2,450.54-1.11%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.412.40%
  • binancecoinBNB(BNB)$647.861.24%
  • solanaSolana(SOL)$171.053.01%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2296776.89%
  • cardanoCardano(ADA)$0.751.08%
  • tronTRON(TRX)$0.266436-1.14%
  • suiSui(SUI)$3.851.17%
  • chainlinkChainlink(LINK)$15.672.11%
  • avalanche-2Avalanche(AVAX)$22.691.92%
  • stellarStellar(XLM)$0.2915141.93%
  • hyperliquidHyperliquid(HYPE)$26.813.89%
  • shiba-inuShiba Inu(SHIB)$0.0000154.21%
  • hedera-hashgraphHedera(HBAR)$0.1950152.15%
  • bitcoin-cashBitcoin Cash(BCH)$404.443.25%
  • unus-sed-leoUNUS SED LEO(LEO)$8.65-3.25%
  • the-open-networkToncoin(TON)$3.131.64%
  • litecoinLitecoin(LTC)$99.793.34%
  • polkadotPolkadot(DOT)$4.722.19%
  • moneroMonero(XMR)$336.800.69%
  • bitget-tokenBitget Token(BGB)$5.143.51%
  • pepePepe(PEPE)$0.0000139.72%
  • daiDai(DAI)$1.00-0.02%
  • piPi(PI)$0.747.16%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$6.024.83%
  • bittensorBittensor(TAO)$417.77-1.52%
  • aaveAave(AAVE)$227.562.22%
  • nearNEAR Protocol(NEAR)$2.793.56%
  • aptosAptos(APT)$5.120.64%
  • okbOKB(OKB)$52.89-0.58%
  • ondo-financeOndo(ONDO)$0.942.88%
  • kaspaKaspa(KAS)$0.1107821.36%
  • ethereum-classicEthereum Classic(ETC)$18.481.86%
  • internet-computerInternet Computer(ICP)$5.241.65%
  • gatechain-tokenGateToken(GT)$21.700.53%
  • crypto-com-chainCronos(CRO)$0.0985430.92%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.093.94%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2387732.90%
  • mantleMantle(MNT)$0.741.48%
  • vechainVeChain(VET)$0.0285713.06%
  • render-tokenRender(RENDER)$4.601.34%
  • ethenaEthena(ENA)$0.3802398.36%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • algorandAlgorand(ALGO)$0.2241514.11%
  • filecoinFilecoin(FIL)$2.872.74%
  • cosmosCosmos(ATOM)$4.883.15%