{"id":6289,"date":"2026-07-24T09:00:00","date_gmt":"2026-07-24T09:00:00","guid":{"rendered":"https:\/\/mesaofficial.com\/insights\/index.php\/2026\/07\/24\/local-currency-preservation-and-the-limits-of-dollarisation\/"},"modified":"2026-08-27T11:43:06","modified_gmt":"2026-08-27T11:43:06","slug":"local-currency-preservation-and-the-limits-of-dollarisation","status":"publish","type":"post","link":"https:\/\/mesaofficial.com\/insights\/local-currency-preservation-and-the-limits-of-dollarisation\/","title":{"rendered":"Local Currency Preservation and the Limits of Dollarisation"},"content":{"rendered":"<p><em>Dr. Bhaskar Dasgupta, Chairman, Middle East Stablecoin Association<\/em><\/p>\n<h2>Analyzing the Impact of Digital Dollarisation on Emerging Economies<\/h2>\n<p>Findings from BIS research on stablecoin dollarisation highlight how digital currency adoption varies across economic regions. While pegged monetary regimes in the GCC provide stability, economies facing currency volatility may experience accelerated dollarisation through stablecoins, influencing local monetary policy, capital controls, and central bank reserve management.<\/p>\n<h2>Developing Multilateral Local Currency Settlement Rails<\/h2>\n<p>To prevent complete dependence on single-currency rails across international trade corridors, regional financial leadership must advance the adoption of trusted AED and local currency stablecoins. Designing interoperable networks where regional counterparties settle transactions using regulated digital versions of local currencies protects economic diversity and strengthens cross-border trade framework resilience.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Building Interoperable Digital Currency Infrastructure<\/p>\n","protected":false},"author":1,"featured_media":6313,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-6289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blogs-and-commentary"],"_links":{"self":[{"href":"https:\/\/mesaofficial.com\/insights\/wp-json\/wp\/v2\/posts\/6289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mesaofficial.com\/insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mesaofficial.com\/insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mesaofficial.com\/insights\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mesaofficial.com\/insights\/wp-json\/wp\/v2\/comments?post=6289"}],"version-history":[{"count":1,"href":"https:\/\/mesaofficial.com\/insights\/wp-json\/wp\/v2\/posts\/6289\/revisions"}],"predecessor-version":[{"id":6321,"href":"https:\/\/mesaofficial.com\/insights\/wp-json\/wp\/v2\/posts\/6289\/revisions\/6321"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mesaofficial.com\/insights\/wp-json\/wp\/v2\/media\/6313"}],"wp:attachment":[{"href":"https:\/\/mesaofficial.com\/insights\/wp-json\/wp\/v2\/media?parent=6289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mesaofficial.com\/insights\/wp-json\/wp\/v2\/categories?post=6289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mesaofficial.com\/insights\/wp-json\/wp\/v2\/tags?post=6289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}