Dollar’s Stablecoin Dominance Under Threat: Tether Co-Founder Predicts Shift to Alternative Backings

While USD-backed stablecoins currently hold a dominant position in the stablecoin and real-world asset (RWA) tokenization landscape, Reeve Collins, co-founder of Tether, predicts a shift towards alternative backing. Speaking to Cointelegraph in Dubai, Collins asserts that other currencies and assets may challenge the US dollar’s dominance by offering higher returns on user investments. ]