The dollar has won, but could America lose control of the dollar?

In fact, synthetic dollars can be more costly than “real” dollars because they need to be over-capitalized in collateral to avoid the risk of losing their linkage to the U.S. dollar. Despite these risks, a significant number of blockchain-based digital assets have been pegged to the US dollar. MakerDAO’s dai is probably the most successful of these. But today its support includes some US dollar assets. However, there are other assets that are pegged solely to cryptocurrencies and other digital assets that are not linked to the dollar.