The Role of Blockchain-based Stablecoins in Strenthening Dollar Hegemony

About this Event

Led by M RCBG Senior Fellow Ijeoma Okoli https://www.hks.harvard.edu/about/ijeoma okoli , this study group examines how stablecoins may reinforce U.S. dollar dominance and expand American influence, despite often being presented as alternatives to the dollar. Cryptocurrencies are often pitted as competitors to the US dollar. But what if they aren't and instead inadvertently strengthen dollar dominance and associated US influence in the world? This study group will explore the evolution of stablecoins from a sanctuary from crypto market volatility into a vehicle for increased dollarization of foreign countries and funding for the US government. Speakers and Presenters Ijeoma Okoli, M RCBG Senior Fellow Organizer Mossavar Rahmani Center for Business and Government https:…

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