Is the stablecoin market too dependent on the U.S. dollar? Experts warn that USD-pegged tokens dominate global crypto finance, posing systemic risks if macroeconomic shifts occur.

Chinese economist Zhang Ming urges China to issue its own stablecoin, while Concordium CEO Boris Bohrer-Bilowitzki highlights the need for multi-currency stablecoin diversity—including EURC & XCHF. 🔄🔗

Will stablecoins break free from dollar hegemony, or is USD dominance here to stay? Let’s discuss!