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Dollar Stablecoins Dominate, Non-Dollar Options Struggle
Published 4 days, 15 hours ago
Description
Despite the hype, non-dollar stablecoins have barely made a dent in the market, capturing less than half a percent of the share. This is due to the lack of international use of most national currencies, which limits their liquidity and volume. The dollars global financial infrastructure provides a significant advantage, making it challenging for non-dollar stablecoins to gain traction.
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