Bitcoin.com News
Bitcoin.com News|May 04, 2025 04:31
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!
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