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Cantor Fitzgerald CEO Props up Stablecoins in the Fight for US Dollar Hegemony

2024-06-22 by admin Leave a Comment

Cantor Fitzgerald CEO Props up Stablecoins in the Fight for the US Dollar Hegemony

Howard Lutnick, CEO of financial services company Cantor Fitzgerald, highlighted the value of stablecoins in the fight to maintain the hegemony of the U.S. dollar. Lutnick stated that fully redeemable stablecoins allowed citizens in emerging markets to use their digital dollars for commerce, stabilizing the demand and relevance of the currency. Cantor Fitzgerald CEO: The […]

Dutch Central Bank Director Props Up Gold for Financial Collapse Scenario

2023-11-20 by admin Leave a Comment

Dutch Central Bank Director Props up Gold in a Financial Collapse Scenario

Aerdt Houben, Director of Financial Markets for the Dutch Central Bank (DNB), has talked about the value gold could have in a financial collapse scenario. As the bank has been recently increasing its gold holdings, Houben stated that due to its properties, gold might serve as a hedge in the case of a worldwide economic […]