Odaily Planet Daily News: Matthew Sigel, head of digital asset research at VanEck, has released research results showing that the US dollar, Japanese yen, British pound, and euro are continuously depreciating over time, especially in cross-border payments. This shift is due to the fact that trading entities are minimizing potential risks posed by US sanctions and the SWIFT payment system.
Matthew Sigel added that with the increasing demand for neutral payment channels to avoid US dollar sanctions, the sovereign adoption of Bitcoin is accelerating this year. He predicts that under the background of de dollarization, Bitcoin's share in global international trade settlements will reach 10%, and it will push central banks to settle 2.5% of their assets in Bitcoin, ultimately making Bitcoin one of the world's reserve currencies.
