USD Stablecoins and the Rebasement of the U.S. Dollar

Examining the dominance of the U.S. dollar in the global stablecoin market.

Published on Mar. 6, 2026

The article discusses the current state of fiat-backed stablecoins, noting that nearly 99% of them are pegged to the U.S. dollar as the U.S. dollar continues to dominate global foreign exchange reserves. The author, who has over 25 years of experience in the investing world, shares his insights on the implications of this trend.

Why it matters

The dominance of the U.S. dollar in the stablecoin market has significant implications for the global financial system and the role of the U.S. dollar as the world's reserve currency. This article provides an expert perspective on the potential rebasement of the U.S. dollar and the impact it could have on investors and the broader economy.

The details

The article explores the current landscape of fiat-backed stablecoins, where nearly 99% are pegged to the U.S. dollar. This reflects the continued dominance of the U.S. dollar as the world's reserve currency. The author, who has extensive experience in the investing world, shares his insights on the implications of this trend and the potential for the rebasement of the U.S. dollar.

  • The article was published on March 6, 2026.

The players

Lance Roberts

The author of the article, with over 25 years of experience in the investing world, including roles in private banking, investment management, and venture capital. He is currently a partner at RIA Advisors in Houston, Texas.

Got photos? Submit your photos here. ›

What they’re saying

“I have pretty much "been there and done that" at one point or another.”

— Lance Roberts, Partner, RIA Advisors (Seeking Alpha)

The takeaway

The dominance of the U.S. dollar in the stablecoin market highlights its continued role as the world's reserve currency, but also raises questions about the potential for its rebasement and the implications for investors and the broader economy.