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0 sats \ 0 replies \ @Solomonsatoshi 29 May \ on: JD Vance To Bitcoin Conference- Stablecoins Don't Threaten The Dollar econ
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.