The expansion of the stablecoin market could further strengthen dollar hegemony. Central banks' approach to these digital currencies is seen as an extension of the traditional monetary system into the blockchain world. Especially dollar-based stablecoins are gaining more influence in global trade and financial flows, while the US monetary policy's influence in international markets is increasing.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
ImpermanentPhobiavip
· 01-17 12:33
The expansion of stablecoins just means being trapped in USD, it's really annoying.
View OriginalReply0
ApeWithNoFearvip
· 01-16 16:06
USDT is about to dominate the world again, this time under a different guise called stablecoin.
View OriginalReply0
Gm_Gn_Merchantvip
· 01-16 01:22
To be honest, stablecoins are just the US dollar wearing a different disguise to continue exploiting the world; blockchain can't escape this fate either.
View OriginalReply0
GateUser-7b078580vip
· 01-14 21:23
Stablecoin expansion = dollar wrapping, the data is right here Let's wait and see how the central bank plays this trick However, how much will the miners' gas fees eat up? Patterns have been observed, systems that will eventually collapse still need to be tied to the dollar The historical lows have been passed, now it's just a name change to continue harvesting profits
View OriginalReply0
MetaMiseryvip
· 01-14 21:21
The expansion of stablecoins is just the US dollar wearing a disguise. Do you really think it can be decentralized?
View OriginalReply0
VitalikFanboy42vip
· 01-14 21:18
To be honest, stablecoins are just the US dollar in disguise... Blockchain was originally meant to be decentralized, but in the end, it's still tightly controlled by the Federal Reserve.
View OriginalReply0
ser_ngmivip
· 01-14 21:12
The expansion of stablecoins is just the US dollar wearing a different disguise to continue the harvest; there's really nothing new.
View OriginalReply0
QuietlyStakingvip
· 01-14 20:56
The USDT system should have been broken long ago. Why does the Federal Reserve get to decide?
View OriginalReply0
  • Pin