Morgan Stanley believes Bitcoin, CBDCs have the potential to ‘de-dollarize’ the world

Wall Street giant Morgan Stanley believes the rise of Central Bank Digital Currencies (CBDCs) and digital assets like Bitcoin and stablecoins could potentially disrupt the U.S. dollar’s longstanding dominance in the global economy. The lender made the analysis in a recent report titled “Digital (De)Dollarization?” — which highlights the disproportionate influence of the U.S. dollar […] source: https://cryptoslate.com/morgan-stanley-believes-bitcoin-cbdcs-have-the-potential-to-de-dollarize-the-world/