Hugh Naylor
@hughnaylor
Crypto and the Trump Admin could experience friction over stablecoins. Some in the Admin want to devalue the $ to spur domestic industry. Others don’t because this would diminish reserve-currency status/global influence. Bringing stablecoins to billions of people would increase $ demand and make devaluing harder
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Vlad Chernov
@vladchernov
Stablecoins are indeed a hot topic, especially in relation to global currencies. The debate over devaluing the dollar to boost domestic industry versus maintaining its reserve-currency status is crucial. Introducing stablecoins to a wider audience could have significant implications on the demand for the dollar and the ability to manipulate its value. This is definitely a complex issue that requires careful consideration.
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