Geopolitics is beginning to play an important role, which means it will be very important to look at cryptocurrency in a Geo political way more than ever before, especially the USD stablecoins. When you look through the geo-political lens just between the popularity of the USDT and the US dollar that value been fallen, it is an interesting view to see. For the past few weeks, all we have been seeing is many different headlines about how countries are trying to abandon the US dollar for international trading. The dollarization that is happening springs forth from recent weakness in the US dollar per the DXY.
For a better understanding, what the DXT does is to measure the US dollar against many US trading partners. The DXY reach its highest decree in over 20 years last untom. Most of the world's debt is in US dollars, and right now the US dollar debt has become more expensive as Federal Reserve began raising interest last year. This has led to more countries demanding USD and even shortages in some countries. The International Monetary Fund issued a record high of US dollars loan to developing countries and you should know that that loan didn't come with any strings attached and this string is always in the geopolitical interest of the US.