Veteran investor Stanley Druckenmiller said cryptocurrencies could one day supplant the U.S. dollar as the primary global reserve currency, highlighting adoption and monetary policy trends. His comments add a high-profile voice to ongoing debates about crypto's role in international finance.
Figure shares climbed 15% after billionaire Stanley Druckenmiller disclosed a $77 million stake, prompting analysts to raise targets on optimism about its capital-light HELOC platform and stablecoin push.