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Trump-Backed USD1 Set to Overtake Tether and USDC as Dominant Stablecoin by 2028: Blockstreet Analysis

Trump-Backed USD1 Set to Overtake Tether and USDC as Dominant Stablecoin by 2028: Blockstreet Analysis

Author:
decryptCO
Published:
2025-08-31 13:01:03
9
3

Trump-Backed USD1 to Supplant Tether, USDC as Top Stablecoin by 2028: Blockstreet

Political power meets crypto ambition as Trump-endorsed stablecoin targets market supremacy.

The Stablecoin Shakeup

Blockstreet's latest projection shows USD1 capturing the top stablecoin position within three years—bypassing established giants Tether and USDC. The Trump-backed asset leverages political momentum rather than technical innovation.

Market Dynamics at Play

Traditional finance players watch with raised eyebrows—nothing says 'stable value' like tying digital assets to political figures. The projected 2028 timeline suggests aggressive adoption curves and regulatory favoritism might outweigh pure market fundamentals.

Welcome to the new era of currency wars—where endorsements might just matter more than algorithms.

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