Senator Claims BRICS Push to Ditch US Dollar Could Boost USD Global Dominance

U.S. Senator Bill Hagerty has warned of increasing efforts by BRICS nations to bypass the U.S. dollar’s dominance but argued this could yet fortify the presumption of the dollar arsenic the world’s reserve currency. He emphasized the request for a regulatory model to boost request for U.S. treasuries and stablecoins, portion his stablecoin authorities aims […]