US dollar dominance is about to go parabolic with stablecoins.

Meta is also rumoured to launch a USD-backed stablecoin after they dropped the Libra plan.

Meta has ready-made 3 billion people to use stablecoin.

The best way to fight stablecoin is not to launch your stablecoin because it is not in demand outside the country.

The best strategy to counter USD-backed stablecoin is to accumulate Bitcoin and strengthen reserves.

Nations are trying to copy the success of USD-backed stablecoins by launching their fiat currency-backed stablecoins. This will prove to be a failed attempt.

People will not opt for USD-backed stablecoins to store value and as a medium of exchange if your currency is stable and strong and does not lose value faster than the US dollar.

But if your monetary policy turns poor and your currency loses value quickly, people will start running towards USD-backed stablecoins.

Nations need to prepare today to counter threats of stablecoin coming tomorrow!

The best way forward is to accumulate Bitcoin as a foreign reserve!