They sure are pushing people deeper into P2P trading and stablecoins to do their degening, alternatively, people could just stop this nonsense and go directly to bitcoin, but I have no hope of that happening anytime soon.

What I want to know is how this offshore dollar market is going to react or will stablecoin issuers like Tether start to hold reserves in other countries assets that are not US based but still issue dollars backed by this basket