As a growing number of countries face rising tariffs in 2025, stablecoins may be the answer to geoeconomic fragmentation by providing solutions that enhance trade efficiency in response to protectionist policies and regional alliances. While the United States leverages stablecoins to reinforce global US dollar dominance, rising tariffs and de-dollarization trends are boosting demand for gold and other non-dollar denominated and commodity-backed stablecoins. This trend is especially prominent among BRICS (Brazil, Russia, India, China and South Africa) nations that are wary of US monetary policy. Euro-backed stablecoins are also gaining strength and, together with the digital euro, may pose a threat to US dollar hegemony.
