TechFlow, April 29 — According to Cointelegraph, Tether co-founder Reeve Collins said in an interview in Dubai that although the U.S. dollar stablecoins currently dominate the stablecoin and real-world asset tokenization (RWA) sectors, they will face increasing competition in the future. Collins noted that assets such as money market funds, commodities, and gold could potentially back stablecoins.
Because these assets may offer users higher yields than U.S. Treasury bonds, they could play a significant role in the stablecoin market going forward. Additionally, Collins believes the launch of a stablecoin project backed by Trump indicates that stablecoins have gained substantial recognition, paving the way for other global institutions, governments, and fintech companies to enter this space.
