Eric Trump defends dollar dominance and stablecoins at TOKEN2049
- —The dollar makes up 56.7% of global FX reserves, versus 20.6% for the euro and 2.11% for the yuan (IMF, Q2 2026)
- —The dollar's reserve share slipped from 57.18% in the prior quarter
- —The dollar was involved in 89.2% of FX transactions, per BIS data
- —USD1 is issued by BitGo, while World Liberty Financial holds the brand
Why it matters: Growth in dollar stablecoins supports demand for US Treasuries but has drawn pushback from Brussels and Beijing.
Source: Journal du Coin