Reeve Collins, Tether co-founder, believes the dollar's reign in the stablecoin market is nearing its end. In a recent Cointelegraph interview in Dubai, Collins stated that while dollar-denominated stablecoins currently dominate the crypto and Real World Asset (RWA) tokenization space, this won't last. He envisions a future where diverse assets, including money market funds, commodities, and even gold, will collateralize stablecoins. This diversification could offer advantages over traditional dollar-backed stablecoins. Collins highlighted that stablecoins currently reinforce the dollar's position within the cryptocurrency ecosystem. However, he anticipates stablecoins backed by assets like money market funds, which potentially offer higher yields than US Treasury bonds, will gain market share. This shift could disrupt the existing stablecoin landscape and challenge the dollar's dominance. Ultimately, innovation and investor preference for yield-bearing and diverse collateral options will drive this change. ```

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