On April 29, according to Cointelegraph, Tether co-founder Reeve Collins stated in an interview in Dubai that while US dollar stablecoins currently dominate the stablecoin and real-world asset (RWA) tokenization space, they will face more competition in the future. Collins noted that money market funds, commodities, and gold could potentially back stablecoins.
Since these assets may offer users higher yields than US Treasury bonds, they could play a significant role in the stablecoin market in the future. Additionally, Collins believes that the launch of a Trump-supported stablecoin project demonstrates that stablecoins have gained full recognition, which will lay the groundwork for other global institutions, governments, and fintech companies to enter this field.
