السيولة_العالمية

At a time when attention has remained focused for years on traditional stablecoins linked to the dollar, such as USDT and USDC, a new and more complex challenge is emerging for the Federal Reserve and Western central banks: the rise of renewable and decentralized stablecoins.
This new category does not rely on cash reserves in US dollars, but on a diverse mix of digital assets and tokens representing commodities such as gold or Ethereum, and even some non-US government bonds tokenized. This innovative model opens the door to an alternative monetary system that is not directly subject to Federal Reserve authority, making it an unprecedented threat to the dollar's dominance over global liquidity.