Date: 2025-04-06
Stablecoins are the single best tool for the United States government to maintain the US dollar's hegemony in global financial markets, according to LayerZero Labs CEO and founder Bryan Pellegrino.In an interview with Cointelegraph, the CEO of LayerZero Labs, which created the LayerZero interoperability protocol recently chosen by Wyoming to be the distribution partner for the Wyoming stablecoin, said that the cross-border accessibility of dollar-pegged tokens makes them an obvious choice to drive US dollar demand. Pellegrino added:"Stablecoins for the US dollar are the single best tool — the last Trojan Horse or vampire attack on every single other currency in the world — whether it is Argentina, whether it is Venezuela, whether it is all ...
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