Morgan Stanley is highlighting increasing interest in central bank digital currencies (CBDCs) in a recent report about the potential decline of the U.S. dollar’s global dominance. What Happened: The bank’s report suggests a significant trend toward reducing reliance on the U.S. dollar paralleled by growing enthusiasm for digital currencies like Bitcoin(CRYPTO: BTC) stablecoins and CBDCs. “By mid-2023, 111 countries, representing over 95% of global GDP, are actively exploring CBDCs,” Andrew Peel, the executive director and head of digital asset markets at Morgan Stanley, said in the report. Pee…

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