Currently, over 95% of global stablecoins are pegged to the dollar. This nearly means that every circulation of stablecoins requires indirect support from dollars or U.S. Treasury bonds, which may serve as an indirect endorsement of the dollar.
This is not a coincidence, but the latest evolution of nearly a century of dollar hegemony in the digital age:
In 1944, the Bretton Woods system established a link between the dollar and gold, and other currencies pegged to the dollar. By 1973, although the Bretton Woods system had collapsed, the United States reached an agreement with OPEC countries like Saudi Arabia to settle oil transactions in dollars, thereby establishing the petrodollar system. Since then, almost all international trade has relied on dollar settlements.#美国初请失业金人数
