What's keeping the U.S. dollar's credibility intact? According to major credit rating agencies, it really comes down to two pillars: the Federal Reserve's operational independence and its proven ability to maintain low, stable inflation over the long run.

This matters more than you might think. When central banks can operate without political interference and actually follow through on price stability mandates, it reinforces confidence in their currency. That track record becomes the bedrock for sovereign credit ratings.

For market participants watching macro trends and asset flows, this is worth noting. A strong currency foundation depends on institutional credibility, not just economic data points. It's why Fed policy moves ripple across all markets—crypto included.