Tether: US dollar will face increasingly fierce competition for stablecoin dominance

西岸风

数字货币大师

1d ago

According to Cointelegraph, Tether co-founder Reeve Collins said in an interview in Dubai that although the dollar stablecoins currently dominate, diversified assets such as gold and money funds may become new anchors for stablecoins in the future. Collins pointed out that through innovative models such as Pi protocol, stablecoins supported by interest-generating assets such as money market funds will gain market favor because of higher yields. Collins believes that real-world assets (RWA) tokenization will reshape the stablecoin landscape: "When traditional assets such as treasury bonds generate considerable returns, these new stablecoins will gain an advantage." He particularly emphasized that in addition to the US dollar, diversified collateral such as gold and commodities will provide more options for stablecoin users.

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