Morgan Stanley has released a report, “Digital (De) Dollarization?”, clarifying the prospective shift in the currency landscape due to digital possessions. Authored by Andrew Peel, the bank’s executive director and head of Digital Property Markets, the report highlights the increasing examination of the United States dollar’s supremacy in the middle of geopolitical modifications and the growing United States twin deficits. Peel mentions that the increase of digital possessions like bitcoin, the growth of stablecoin volumes, and the development of reserve bank digital currencies (CBDCs) might considerably affect the worldwide currency characteristics. He keeps in mind that current United States financial policies and the tactical usage of financial sanctions are triggering some countries to look for options to the dollar.