The U.S. dollar’s strongest ally is crypto

Quick Summary:

The spread of stablecoins means millions of people around the world are holding dollars for the first time.

Stablecoins help secure that lead by making it easier, cheaper, and faster to use dollars across borders—and they do it without requiring access to U.S.banks or SWIFT networks.

First, it was “Bitcoin for the unbanked,” a proposition that came to be hollow after the FDIC made clear the top reason Americans remain unbanked is not due to technical barriers—it's because they lack the money to meet minimum balance requirements.

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Article Details

Author / Journalist: Chris Maurice

Category: EconomyBusiness

Markets: United States

Topics: Stablecoins Cryptocurrency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 19:50:46 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 707 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 177 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28302796

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 33 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publisher ID: #95

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