🚨 US dollar-based stablecoins hold 99.76% of the market.
🌍 Although the total supply of tokens indexed to the Euro and other currencies grew, the market share did not change.
💸 The most critical reason is that the strong reserve and wide liquidity infrastructure that the dollar has is not available in other currencies.
📊 The real difference in the global stablecoin competition is the international acceptance of dollar-backed tokens such as $USDT.
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