Stablecoin growth could boost dollar dominance, US Treasury demand: BoE official

Crypto Insight Summary: A Bank of England policy maker said digital dollars could expand access to the US currency while turning stablecoin issuers into bigger buyers of government debt. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Long-term (1 quarter-1 year) Reasoning: Stablecoin growth may strengthen USD but has limited direct impact on crypto markets.