He isnt wrong at all either. We are finally seeing some people come around to realizing that as long as the US passes regulations that ensure that a stablecoin representing a dollar is backed by a dollar that it only hyperdrives the dollar not only further penetrating markets across the world but also new markets that previously were untapped.
pull down to refresh
0 sats \ 0 replies \ @Solomonsatoshi 29 May
Declining USA needs stable coins to prop up the dying petrodollar.
China has won the trade war and increasingly trade with China is settled outside of the USD/SWIFT banking hegemony.
Chinas CIPS and mBridge protocols are building an alternative to the dying USD hegemony.
Nobody wants to buy USTs and Trump needs to sell over $7Trillion before Christmas.
Better pass that Genius bill quickly.
reply