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Watch Nigeria > Blog > FinTech > Is the US Greenback Falling? Why Crypto Might Take in Fiat, Not Kill It
FinTech

Is the US Greenback Falling? Why Crypto Might Take in Fiat, Not Kill It

Last updated: January 19, 2026 6:00 pm
Terfa Ukende
4 hours ago
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Is the US Greenback Falling? Why Crypto Might Take in Fiat, Not Kill It
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Contents
  • Is the US Greenback Falling and Failing? Consultants Assume So
    • The Present Plan: Utilizing Stablecoins to Assert Greenback Dominance

The US greenback has been by tumultuous pangs of melancholy all year long 2025. A number of consultants predicted a change of narrative for the greenback in 2026, however the yr has begun with extra aggressive geopolitical uncertainties as Trump’s thought to invade Greenland heats up. The actual query is, is the US greenback actually falling and failing, and the way does crypto come into this image in its entirety?

Additionally Learn: Trump Targets NATO Over Greenland as BRICS Quietly Gains Ground

Is the US Greenback Falling and Failing? Consultants Assume So

us dollar currency bill noteus dollar currency bill note
Supply: Getty Pictures

In a video uploaded by Wu Blockchain, Balaji Srinivasan, a distinguished American tech entrepreneur and former CTO of Coinbase, shared his evaluation on whether or not the US greenback is falling and that the fiat might not have a vibrant future forward in any case.

Whereas explaining in depth, the video encapsulates Srinivasan’s daring narrative on how the US greenback might finally get absorbed by crypto by rerouting the capital circulate in the direction of the digital property.

“Balaji Srinivasan: The Greenback Is Like Microsoft, Fiat Strikes Into Cryptocurrencies. He used a exact “Microsoft Home windows” analogy: simply as Microsoft misplaced its dominance to Google and Apple (representing crypto) however remained worthwhile, the greenback will grow to be a legacy system. On this future, the institution retains energy, however over fewer individuals as they select to “exit” into the crypto economic system.”

Balaji Srinivasan: The Greenback Is Like Microsoft, Fiat Strikes Into Cryptocurrencies

In an October 20, 2022 interview with Lex Fridman, Balaji Srinivasan argued that at the same time as inflation drives asset costs up, fiat foreign money will not disappear however will “transfer into cryptocurrencies.” He… pic.twitter.com/WRFAQPmmje

— Wu Blockchain (@WuBlockchain) January 18, 2026

The Present Plan: Utilizing Stablecoins to Assert Greenback Dominance

The reply to the perennial query as as to if the US greenback is falling or not is sure, it’s falling and flailing whereas different property proceed to spike excessive on the radar. Nonetheless, in a bid to reassert the greenback’s dominance, the US administration is eager on exploring stablecoins as greenback alternate options pegged to the USD to make sure greenback dominance internationally.

“SCOTT BESSENT: CRYPTO DOESN’T KILL THE DOLLAR—IT LOCKS IT IN. Throwback to a degree Scott Bessent made: he stated crypto, particularly stablecoins, isn’t a risk to greenback dominance. It could really reinforce it. Stablecoins backed by {dollars} find yourself changing into large patrons of U.S. Treasuries, spreading greenback utilization globally by telephones as an alternative of banks. Bessent additionally stated that is why it mattered that the U.S. leaned into crypto as an alternative of attempting to choke it off. Digital property aren’t simply an innovation pattern; they’re changing into a part of the worldwide financial plumbing.”

SCOTT BESSENT: CRYPTO DOESN’T KILL THE DOLLAR — IT LOCKS IT IN

Throwback to a degree Scott Bessent he stated crypto, particularly stablecoins, isn’t a risk to greenback dominance. It could really reinforce it. Stablecoins backed by {dollars} find yourself changing into large patrons of U.S.… pic.twitter.com/PCZvKTnxbp

— CryptosRus (@CryptosR_Us) December 27, 2025

Additionally Learn: Silver Price and Greenland: A Connection Markets Are Ready To Price In





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ByTerfa Ukende
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Terfa Ukende is a seasoned financial writer with over seven years of experience covering topics on finance, investment, and economic development. He began his writing career with NewsWay before joining Watch Nigeria, where he continues to educate readers on wealth building, market trends, and smart money management. He holds a Bachelor’s degree in Statistics and Computer Science, which strengthens his analytical approach to financial reporting and investment insights.
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