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Polygon co-founder: stablecoins will drive the US dollar to strengthen in the short to medium term

[Polygon Co-founder: Stablecoins Will Drive the Strength of the Dollar in the Short to Medium Term] Polygon co-founder Sandeep Nailwal posted on the X platform that in the short to medium term, the dollar will be stronger than ever before—contrary to the prediction of Bridgewater Associates founder Ray Dalio. The reason is stablecoins, which not only continuously create demand for U.S. Treasuries but also reshape the relationship between the dollar and the world, shifting from B2B (between Treasuries and businesses) to B2C (from Treasuries to end users). Dollarization 2.0 is happening in real time – from Latin America to Africa, the entire economic system is being rebuilt around the digital dollar. National currency sovereignty in various countries will face the greatest pressure, and each country must allow and promote “open” local stablecoins to maintain competitiveness.

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