Dollarization, as a form of monetary choice and economic phenomenon, is fundamentally a comprehensive judgment by the market regarding creditworthiness, stability, and transaction efficiency. It does indeed have practical value in terms of reducing inflation, stabilizing exchange rates, and facilitating cross-border trade. However, it also means surrendering some autonomy in monetary policy and making the financial cycle more susceptible to external influences.

We should view this matter rationally: we should neither idealize the stability of the US dollar nor simply dismiss its real role within the global system. The truly prudent approach is to rely on our own economic fundamentals, improve monetary credit, financial regulation, and risk-hedging mechanisms, maintain autonomy in an open environment, and seek development within stability.

Respecting market principles, adhering to risk thresholds, and balancing openness with security are the keys to long-term, sustainable development.$BTC $ETH