Dollar Hegemony vs. Gold Stablecoins, Is the Global Financial Order About to Change?
Tether has launched the gold stablecoin Alloy (aUSD₮), attracting market attention. Bitcoin extremist Max Keiser states that gold stablecoins are more trustworthy than the dollar, especially in countries like Russia and China, where the credibility of the dollar is being eroded.
📌 Dollar Stablecoins VS. Gold Stablecoins, Which is the Future?
Advantages of Gold Stablecoins: Stable value, not controlled by a single country, and may become an important tool for de-dollarization in the long run.
Counterattack of Dollar Stablecoins: The U.S. is advancing legislation to promote stablecoin regulation, attempting to strengthen dollar financial hegemony through the integration of stablecoins and ensuring global dominance.
📌 Market Dynamics:
Tether Gold (XAU₮) has increased by 15.7% since the beginning of the year, while most crypto assets are still adjusting.
The U.S. Treasury and Federal Reserve are actively promoting stablecoin regulation, with multiple bills accelerating to take effect, attempting to control the market.
In the future, the global payment system may move towards a "dual-track system," with dollar stablecoins and gold stablecoins competing for market share. Can gold stablecoins shake the dollar hegemony? Can dollar stablecoins maintain market dominance?
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