Non dollar stablecoins are growing but the dollar still rules crypto payments. Most stablecoins still use the US dollar because global liquidity stays stronger around dollar markets and US Treasury backing. Non dollar coins now have more supply than before but their market share is still very small. The real advantage comes from deep liquidity trusted reserves and easy global use. Right now very few national currencies can compete at that level onchain. Stablecoins are slowly becoming part of global finance but the dollar network effect keeps getting stronger each year.

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