Login to reply
Replies (20)
RIDE OR DIE. 🫡
🫡
What is China exchanging U.S. debt for?
Seems like stable coins can’t fully compensate but are very substantial!
IYKYK right?
👀
They still have a major problum
Tic... tac... 🔥
Stable coins really seem like they are going to prolong the dollar much more than any of us would have liked. 👀🤷🏼♂️
So you're telling us stablecoins are the US Government's sly, round about way to introduce a CBDC?
Among us
That’s why the US is now so open towards Stable coins. They keep their debt can get kicked further down the street.
Gold for example
Can you possibly explain this mechanism? I’m barely hanging on
It’s an “innovation” to keep their sacred cow as long as possible
Yes
While demand for the dollar from traditional sources is falling, new demand from other countries with worse fiat buying fiat coins is sky rocketing.
They can’t access other dollar instruments and so they buy stable coins?
China wants Tether on Tron if you buy radios from them.