Unpopular take: Non-USD stablecoins might be the most slept-on trend in crypto right now.

Unpopular take: Non-USD stablecoins might be the most slept-on trend in crypto right now.

Everyone’s obsessed with USDC/USDT, and yes, dollars are king globally. But we’re sleeping on how fast non-USD stables are catching on.

Why? Same blockchain advantages apply: faster settlement, lower fees, composability. But now we’ve got actual usage and regional momentum building.

Some things that stood out to me:

• Base quietly hosts 10+ non-USD stables — $40M+ supply and counting

• Celo/Mento are making stablecoins work in Africa, not just talk

• Stellar has been doing this for years — way ahead of the curve

Regulation is helping too — Euro stables are taking off (~$300M), thanks to MiCA clarity. Asia, Africa, LATAM — they’re not waiting on USD rails anymore.

🪙 Non-USD stablecoins worth tracking, by region:

🇪🇺 Europe

🇪🇺 Circle EURC

🇫🇷 Societe Generale - FORGE EURCV

🇨🇭 Anchored Coins AEUR / ACHF

🇱🇻 STASIS/EURS EURS

🇮🇹 Tether EURT

🇮🇸 Monerium EURe

🇫🇮 Membrane Finance EUROe

🌍 Africa

🇳🇬 NGNC, cNGN

🇰🇪 Mento Labs cKES

🇸🇳 (pilot) West African Franc tokens coming (XOF)

🇨🇲 (pilot) Central African Franc tokens (XAF)

🌏 Asia

🇸🇬 StraitsX XSGD, XIDR

🇮🇩 IDRT, IDRX

🇯🇵 http://GMO-Z.com GYEN

🇯🇵 JPYC Inc. JPYC

🇭🇰 (pilot) HKDC – Hong Kong Dollar

🇹🇷 BiLira TRYB

🇮🇳 (conceptual) INR-pegged tokens under early development

🌎 Latin America

🇧🇷 Transfero BRZ, BRLA Digital BRLA

🇲🇽 Brale MXNe, Bitso Juno MXNB, Tether MXNt

🇨🇴 Koibanx COPW

🇦🇷 (early stage) ARS-pegged trials

🇨🇱 (conceptual) CLP tokens under development

🇵🇪 (exploratory) PEN stables in low-liquidity markets

🌐 Others

🇦🇺 Forte AUDF (AUD stablecoin)

🇬🇧 Agant GBPA, tokenized GBP tGBP

🇨🇦 Paytrie CADC

🇳🇴 NOKU (NOK)

🇸🇪 SEK trials underway

🇨🇭 Multiple CHF-pegged assets across chains

Twitter: https://x.com/arndxt_xo/status/1912095820457164926