US Hoovers Up Bitcoin, World Runs On Digital Dollars
AI summary of the linked articleChainalysis reports that the U.S. became a net importer of bitcoin in 2026 for the first time since 2022, while stablecoins pegged to the dollar are spreading abroad. The report says institutions have been buying bitcoin this year while retail largely sells. It states that America's share of global Bitcoin activity has risen every reporting period since the 2024 launch of spot bitcoin ETFs, even as the overall U.S. crypto economy, valued at $2.78 trillion, contracted 2.2%. The report also says stablecoins have made U.S. dollar debt a currency of choice for peer-to-peer economies and cross-border businesses. |
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