... founder of Bridgewater Associates—has changed his view on crypto assets, recommending allocating up to 15% of a portfolio to Bitcoin or gold. He called this distribution an optimal balance of risk and return amid growing national debt and fiat currency devaluation. For comparison, in 2022, Dalio recommended only holding 1–2% in Bitcoin. This shift in recommendation is significant: even conservative financiers acknowledge Bitcoin as an effective hedge against macroeconomic risks. Such examples of capital ...

... founder of Bridgewater Associates — has changed his view on crypto assets and recommended allocating up to 15% of a portfolio to Bitcoin or gold. He called such allocation the optimal balance of risk and return in the context of rising public debt and devaluation of fiat currencies. For comparison, just in 2022, Dalio advised holding only 1-2% in Bitcoin. This pivot is significant: even conservative financiers acknowledge Bitcoin as an effective means of hedging macroeconomic risks. Such examples of ...

... still remain pegged to the dollar. 3. Geopolitics, Inflation, and Demand for Digital Dollars. In developing economies with unstable national currencies, dollar-denominated stablecoins become a popular means of saving and hedging against inflation and devaluation. For instance, residents of countries with high inflation rates or currency restrictions (capital controls) actively purchase USDT and USDC to preserve savings in "digital dollars." This process is known as crypto-dollarization, ...

... and SPO markets declined. In the following years, moderate growth in the number of secondary offerings has been observed with the stabilization of the economy. Some stimulus also came from the increase in local and foreign investments after the ruble devaluation in 2014, as companies began seeking capital and the market adapted to new conditions. In recent years, the Russian SPO market still lags behind its international counterparts in terms of volume. This is explained by the lower share of public ...