<p>Odaily Planet Daily News&nbsp;Matthew Sigel, Head of Digital Asset Research at VanEck, announced research findings indicating that the US dollar, Japanese yen, British pound, and euro are continuously depreciating over time. This shift, particularly in cross-border payments, is due to trade entities minimizing the potential risks posed by US sanctions and the SWIFT payment system.</p>
<p>Matthew Sigel further stated that with the growing demand for neutral payment channels to circumvent US dollar sanctions, the sovereign adoption of Bitcoin is accelerating this year. He predicts that under the backdrop of de-dollarization, Bitcoin's share in global international trade settlements will reach 10%, and that central banks will hold 2.5% of their assets in Bitcoin, ultimately making Bitcoin one of the world’s reserve currencies. (Beincrypto)</p>

Odaily Planet Daily reports that Matthew Sigel, the Director of Digital Asset Research at VanEck, has published research findings indicating that the US dollar, Japanese yen, British pound, and euro are continuously depreciating over time. This shift, particularly in cross-border payments, is due to trade entities aiming to minimize the potential risks posed by US sanctions and the SWIFT payment system.

Matthew Sigel further stated that as the demand for neutral payment channels to circumvent US dollar sanctions grows, the sovereign adoption of Bitcoin is accelerating this year. He predicts that in the context of de-dollarization, Bitcoin's share in global international trade settlements will reach 10%, with central banks holding 2.5% of their assets settled in Bitcoin, ultimately making Bitcoin one of the world's reserve currencies. (Beincrypto)

VanEck: It is expected that Bitcoin's share in global trade settlement will rise to 10% against the backdrop of de-dollarization.