Odaily Planet Daily News stated in a review article in the Wall Street Journal that stablecoins are at the heart of a dollar-based revolution and may be a key factor in maintaining the dollar as the world's dominant currency.
“If stablecoins flourish, citizens of other countries will increase their demand for dollars, independent of (and possibly even against) their governments’ political decisions,” the authors note. He adds, “U.S. politicians need to agree that the global economy needs to reinvent the dollar.” Globalization is important." (cointelegraph)