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    You are at:Home»Tech»Crypto & Blockchain»US dollar to face growing competition for stablecoin dominance: Tether co-founder
    Crypto & Blockchain

    US dollar to face growing competition for stablecoin dominance: Tether co-founder

    newsworldaiBy newsworldaiApril 29, 2025No Comments3 Mins Read0 Views
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    US dollar to face growing competition for stablecoin dominance: Tether co-founder
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    According to Teacher’s co -founder Rio Collins, while the United States dollar -affected Stabbicins Establishment and Real World Asset (RWA) dominates the Tokinization game, other rivals are coming to the game, according to teacher’s co -founder Rio Collins.

    https://www.tiqets.com/en/new-york-new-york-hotel-casino-tickets-l235895/?partner=travelpayouts.com&tq_campaign=bc55a31e7f434e4ab93246c49-615741

    Talking to the Quantal Graph in Dubai, Collins said that while currently the US dollar -backed Establishment could be dominated, other currencies and assets could cope with the backing of the Stable Queens. He said:

    “Stabulkin certainly helps to protect the dollar dominance, especially in the crypto place. The dollar is like a crypto reserve currency. But now there are other currency running. But even more importantly, this is not a currency. It is not a second type of backing.”

    Collins said these other assets are used to back the stable Queens. Consumers can counter the US dollar by taking more production.

    Interview with Rio Collins, co -founder of the United Arab Emirates in Dubai. Source: Cointelegraph

    Teacher’s co -founder says Tokinzed assets can return to Stubborn

    Collins, which works to bring stable queen production to consumers through the PI protocol, told the Quantal Graph that currencies, mini -market funds, other commodities and gold could support stabilization in the future.

    “When you can backed it with mini -market funds, for example, which produces more production than T -bills and other things that are coming high, where a lot of production will produce, they will be proud.”

    Collins said they would “start winning” because they bring high user return. In addition, the executive also said that RWA can play its role in backing the Tokinization Stabon.

    The executive told the Quantal Graph that since all kinds of assets can be used, they can be used to back the Stabbuts in the future. He added, “You will only have many elections besides dollars.

    Related: Teacher increases the shares of Joents by 10 % in the latest strategic purchase

    Stubbicon associated with Trump has laid the foundation for the rest of the world

    In March, US President Donald Trump -backed World Liberty Financial (WLFI) project launched its Establishment on BNB China and Ethereum. However, the project states that tokens were not yet worth trading.

    According to Collins, the Trump -backed project’s Stabon Registration means that Stabbicins have now been “fully accepted.” The executive believes that the move will make everyone join the Stabonis. This includes institutions, governments and financial technology companies.

    “The president of the United States started a stubborn, it is impressive,” he said.

    https://www.youtube.com/watch?v=sumyysrjvzm

    Magazine: Ethereum .1 16.1T Tradefi is eliminating the competition in the Tokinization Race