Tether Co-Founder: Stablecoin Competition Rises as Trump-Backed Projects Emerge

The stablecoin landscape is undergoing a significant transformation as new asset backing mechanisms emerge, challenging the US dollar’s longstanding dominance. Reeve Collins, co-founder of Tether, highlights this shift in his recent statements to Cointelegraph. He believes tokenized money market funds, commodities, and real-world assets (RWAs) could reshape future stablecoins, offering superior returns and wider investment options.