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Add as a preferred source on GoogleBrian Armstrong Says Stablecoins Strengthen the U.S. Dollar's Reserve Status
The digital tokens are pegged to fiat currencies to maintain a stable value.
Brian Armstrong said stablecoins are strengthening the U.S. dollar’s position as a global reserve currency, linking their growing role in finance with the currency’s standing in international markets.
Stablecoins are digital currencies designed to maintain a stable value by tracking traditional fiat currencies.