Additionally, the Dollar is used since the standard currency inside the commodity market and therefore provides a direct impact on commodity prices. Dollarization with the USD Because of its international acceptance, some countries like Panama and Ecuador utilize the USD as an Formal authorized tender, a exercise referred to https://financefeeds.com/scott-bessent-backs-t-bill-backed-stablecoins-as-u-s-moves-closer-to-stablecoin-regulation/