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US freeze of Russian dollar assets may undercut confidence in USD neutrality amid global stablecoin push

The United States faces a policy dilemma as freezing Russian dollar-denominated assets could undermine confidence in the perceived neutrality of the USD while it promotes USD stablecoins globally, according to commentary citing @_dsencil, @graminitha1 and @2084Richardson. The analysis suggests aggressive use of the "instafreeze" capability may prompt international holders to reduce exposure to dollar-based instruments.
US
US-8.40%
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