Can stablecoins become independent from the US dollar?

Most stablecoins maintain their value through USD, reflecting its dominance in the crypto space. However, amidst discussions of de-dollarization, alternative stablecoins, like Tether’s USDT, face skepticism after significant failures.

Innovative models, such as basket-pegged stablecoins, are being explored, yet liquidity and market acceptance are major challenges. Experts suggest that decentralized options may be necessary for sustainable financial infrastructure.

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