<p>Deutsche Bank AG stated that the possibility of the United States developing dollar-denominated stablecoins is expected to protect the global dominance of the dollar, which &#34;should not be overlooked.&#34; Deutsche Bank strategist Mallika Sachdeva wrote in a report, &#34;Stablecoins seem to be the answer for the U.S. to defend the dollar's position in the global payment system, opting for private sector solutions rather than central bank digital currencies.&#34;</p>

<p>Deutsche Bank stated that the possibility of the United States developing dollar-denominated stablecoins is expected to protect the global dominance of the dollar, which "should not be overlooked." Deutsche Bank strategist Mallika Sachdeva wrote in a report, "Stablecoins seem to be the answer for the U.S. to defend the dollar's position in the global payment system, opting for private sector solutions rather than central bank digital currencies."</p>

Deutsche Bank AG: The U.S. may leverage stablecoins to defend the dominance of the dollar