Fed Study Reveals Cyclical Fluctuations in US Dollar's Global Bond Market Dominance

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A recent Fed study shows the US dollar’s share in global bond markets has cycled between 43% in 2008 and 60% in the late 2010s, with no clear de-dollarization trend. Developing nations still issue 80% of their bonds in USD. The stablecoin market, led by USDT and USDC, now holds $308.6 billion, much of it in US government debt. BTC dominance remains a key metric for traders, while altcoins to watch include those tied to dollar-backed assets.
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