stablecoins

Been thinking a bunch about stablecoins and the implications of them holding us Treasurys 

I think it’s likely that stables become the biggest holder of us gov bonds within a few years

Been thinking a bunch about stablecoins and the implications of them holding us Treasurys 

I think it’s likely that stables become the biggest holder of us gov bonds within a few years

https://writing.kunle.app/p/stablecoins-are-helping-create-a?r=3qrzv&utm_campaign=post&utm_medium=web

Simultaneously might mean that
1. USD remains the reserve currency for a generation

2. Crypto institutions have meaningful influence over treasury