We all would love to have EUR stablecoins and Yen and China stablecoins, BUT where are they on DeFi. All we see is USD stablecoins, people have no other options but to use USD.

The U.S. dollar is on track to record its strongest weekly performance in over a month, buoyed by market anticipation of reduced interest rate cuts by the Federal Reserve this year, according to Jinshi Data. Analysts cite the U.S. economy’s relative strength as a key factor driving this momentum.Key Drivers:Fed Policy Adjustments:Market sentiment indicates that the Federal Reserve may scale back its anticipated rate cuts in 2025, bolstering confidence in the dollar's outlook.Economic Outperformance:The U.S. economy continues to outpace other global economies, further enhancing the dollar’s appeal.Safe Haven Demand:With rising U.S. Treasury yields and lingering uncertainties around the Trump administration’s upcoming policies, the dollar remains a preferred safe-haven asset for investors.Expert Insights:Charu Chanana, Chief Investment Strategist at Saxo Bank, commented:"American exceptionalism will persist, and the dollar’s strength is likely to continue temporarily into early 2025. High U.S. Treasury yields and geopolitical uncertainties are supporting its position."Market Outlook:The U.S. dollar's resilience, coupled with favorable macroeconomic conditions, suggests sustained strength in the near term, making it a focal point for global investors seeking stability.