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Fifth Conference on the International Roles of the U.S. Dollar: Stablecoins, Digital Payments, and the International Role of the U.S. Dollar

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Abstract

The U.S. dollar continues to occupy a central role in the global economy. It remains the most widely used currency in foreign exchange transactions and cross-border payments, the leading currency in official reserve holdings, and the dominant currency of denomination for international debt securities and loans. This dominant position reflects several enduring features of the U.S. economy and financial system, including the size and strength of U.S. economy, the depth and liquidity of U.S. financial markets, and enduring confidence in U.S. institutions.

Suggested Citation

  • Ricardo Correa & Linda S. Goldberg & Ritt Keerati & Juan M. Londono & Fabiola Ravazzolo, 2026. "Fifth Conference on the International Roles of the U.S. Dollar: Stablecoins, Digital Payments, and the International Role of the U.S. Dollar," FEDS Notes 2026-07-16, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfn:103555
    DOI: 10.17016/2380-7172.4140
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