US has been taking massive steps to devalue the dollar (and get others to appreciate their currencies), but now also creates a potentially massive new demand surface for USD via stablecoins onchain collateralized by treasuries interesting dichotomy
First Squawk
First Squawk20.7. klo 10.55
TRUMP: LOSING DOLLAR’S RESERVE CURRENCY STATUS WOULD BE “LIKE LOSING A WORLD WAR” •U.S. President Donald Trump warned that if the U.S. dollar were to lose its status as the world’s primary reserve currency, the consequences would be catastrophic — comparing it to “losing a world war.”
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