Phyrex
Phyrex|Mar 08, 2025 09:07
Last night, I spent a long time explaining to my friends the importance of stablecoins for the United States, which is why the first thing the official cryptocurrency organization in the United States did was to clarify stablecoins. A friend asked why investors in the cryptocurrency industry value returns of 4% to 5%, because some investors in the cryptocurrency industry have already completed the capital expansion of the first era and need stable and safe compliant returns. Because only the hard acceptance of stablecoins can expand the US dollar into the field of cryptocurrencies, and US Treasury bonds are one of the most on chain assets in the United States. Besides US Treasury bonds, there are also interest bearing stablecoins, which are actually achieved through US Treasury bonds. The expected access of banks is not so much for the custody of cryptocurrencies as for the custody of US bonds and stablecoins, and Bitcoin may be one of the best US dollar valuation tools. So there will be strategic reserves of BTC. Of course, it doesn't matter whether the price rises or not, but it can be seen that the essence of cryptocurrency in the United States is still the tokenization of "bonds", and the essence is to sell more "liabilities". By tokenizing US Treasury bonds and stablecoins, the global hegemony of the US dollar is ensured, and even if the global economy enters the blockchain era, the US dollar remains the dominant currency. And others, such as ETH, DeFi, etc., either integrate into this system or are marginalized. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
+6
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads