**🇺🇸 The Dollar Loses Monopoly in Stablecoins as Tether Co-Founder Reveals**
✧ Tether co-founder Reeve Collins stated that the dominance of dollar-backed stablecoins is coming to an end, making way for new forms of collateral:
1. Stablecoins will be backed not only by currencies but also by money market funds, commodities, and gold.
2. New assets can offer users higher yields.
3. Tokenization of real-world assets (RWA) will significantly expand the possibilities for creating stablecoins — the choice will be much broader than just the dollar.
✧ "The U.S. President has launched a stablecoin. This is impressive. It lays the foundation for the rest of the world to follow suit."
✧ Collins believes that this move signifies the full recognition of stablecoins at the state level.
✧ Following this, institutions, government bodies, and fintech companies will actively enter the stablecoin market.
Earlier: 7.7 tons of gold
