BlockBeats News, April 29th, according to Cointelegraph's report, Tether co-founder Reeve Collins stated in an interview in Dubai that although currently the dominant players in the stablecoin and Real World Asset (RWA) tokenization space are USD-backed stablecoins, they will face more competition in the future. Collins pointed out that assets such as money market funds, commodities, and gold could all become endorsements for stablecoins.
Since these assets may offer users higher yields than U.S. Treasury bonds, they may play a significant role in the stablecoin market in the future. Furthermore, Collins believes that the launch of stablecoin projects supported by Trump indicates that stablecoins have been fully recognized, paving the way for other global institutions, governments, and fintech companies to enter the field.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.