VanEck: Bitcoin is expected to account for 10% of global trade settlements in the context of de-dollarization

CoinRank News: Matthew Sigel, head of digital asset research at VanEck, published research results showing that the U.S. dollar, Japanese yen, British pound and euro are depreciating over time, especially in cross-border payments. This shift is because trading bodies are minimizing the potential risks posed by U.S. sanctions and the SWIFT payment system. Matthew Sigel added that as the demand for neutral payment channels that circumvent U.S. dollar sanctions grows, the sovereign adoption of Bitcoin is accelerating this year. He predicts that in the context of de-dollarization, Bitcoin will account for 10% of global international trade settlements, and will push central banks to hold 2.5% of their assets in Bitcoin, ultimately making Bitcoin one of the worlds reserve currencies.