Asian stablecoins: The myth of dollar dominance

The following is a guest post and opinion from  Dr. Jae S. Jeong, Co-Founder and CTO, Gurufin. Today’s stablecoins are an extension of the U.S. financial system. Backed by the U.S. Dollar, they are tied to its monetary policy and indirectly answerable to its policy goals. This allegiance is useful to some, but not all. The post Asian stablecoins: The myth of dollar dominance appeared first on CryptoSlate.