𝙊𝙣𝙚 𝙤𝙛 𝙩𝙝𝙚 𝙗𝙞𝙜𝙜𝙚𝙨𝙩 𝙢𝙞𝙨𝙢𝙖𝙩𝙘𝙝𝙚𝙨 𝙞𝙣 𝙘𝙧𝙮𝙥𝙩𝙤 𝙩𝙤𝙙𝙖𝙮 𝙞𝙨 𝙩𝙝𝙚 𝙜𝙖𝙥 𝙗𝙚𝙩𝙬𝙚𝙚𝙣 𝙜𝙡𝙤𝙗𝙖𝙡 𝙘𝙪𝙧𝙧𝙚𝙣𝙘𝙮 𝙧𝙚𝙨𝙚𝙧𝙫𝙚𝙨 𝙖𝙣𝙙 𝙨𝙩𝙖𝙗𝙡𝙚𝙘𝙤𝙞𝙣 𝙖𝙙𝙤𝙥𝙩𝙞𝙤𝙣

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While the dollar accounts for roughly 57% of global FX reserves, USD stablecoins represent nearly 99% of the stablecoin market, leaving currencies like the euro, yen, and pound significantly underrepresented.

What stands out to me is that non-USD stablecoins are starting to grow from a very low base, which could become one of the more important long-term expansion opportunities for the sector.

© Stacy Murr