Report: Stablecoins may be the key to maintaining the global reserve status of the US dollar.

Odaily News: In a commentary article in The Wall Street Journal, stablecoins are described as the core of a US dollar-based revolution and possibly a key factor in maintaining the US dollar as the dominant global currency. The author points out that "if stablecoins thrive, citizens of other countries will increase their demand for the US dollar, independent of (and possibly contrary to) their government's political decisions." He further adds, "US policymakers need to recognize the importance of global re-dollarization of the economy." (source: cointelegraph)