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0 sats \ 1 reply \ @BlokchainB 7h \ parent \ on: Tether, SoftBank Group, and Jack Mallers Launch Twenty One bitcoin
So is Jack getting in bed with Palo and team to combat circle and the big banks for stablecoin dominance in USA?
Seems that way, depending who we define as big.
Very likely that domestic banks will have some exposure or render services to this, and it's really central banking that is being disrupted... not so much banking in general.
Elimination of the Fed in favor of the Treasury should be good for banks currently subordinate to the Fed and not the masters of it.
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