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BoE official says dollar stablecoins could strengthen dollar dominance in $300 billion market

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  • Carolyn Wilkins said dollar-denominated stablecoins could strengthen U.S. dollar dominance.
  • The stablecoin market exceeds $300 billion, with Tether and Circle holding about $150 billion in Treasuries.
  • Wilkins addressed the issue during a Belfast speech on the 15th, according to Cointelegraph.
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BoE official says dollar stablecoins could strengthen dollar dominance in $300 billion market - CoinPost Terminal