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Jesse Walden
@jesse
Spent some time over the weekend learning about the origin of Eurodollars, which have many analogs to stablecoins today. Pretty similar story in that Eurodollars were initially ignored as a niche market, then seen as a threat when the market grew 50x in 10 years, then ultimately seen as a tool for US foreign policy.
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Jesse Walden
@jesse
Made me interested in the Q: what are some exogenous catalysts that might cause the US to embrace stables as a tool? Links: https://www.brookings.edu/articles/stablecoins-and-national-security-learning-the-lessons-of-eurodollars/ https://podcasts.apple.com/us/podcast/odd-lots/id1056200096?i=1000617526253
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