jacob
@jacob
Stablecoins are potentially an extremely clutch breakthrough for the US in a time when the dollar is being challenged as the reserve currency. The dollar is dominant onchain, if onchain adoption grows then US dominance continues and expands.
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jacob
@jacob
This isn’t a new insight but thinking about it given Circle’s announcement. It’s also clutch in that stablecoins are a ~top 15 (maybe top 10?) buyer of treasuries.
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