Arthur Hayes Blog: When Stablecoins Become Fiscal Weapons, How is Dollar Power Redistributed? (Translated by BitpushNews) This article discusses the U.S. dollar's control over global reserve currencies under the 'Pax Americana': The U.S. Treasury is now promoting the development of dollar-pegged stablecoins. The empire will support specific issuers, helping them consolidate the Eurodollar system and retail deposits in the Global South. In the crypto capital markets, there are only two safe ways to lend funds: lending to speculators for derivatives trading or lending to crypto miners. Stablecoins are the core tool of Pax Americana (U.S. hegemonic monetary policy) to expand the use of the dollar. The empire will protect American tech giants from local regulatory retaliation while providing ordinary people with dollar banking services. Read the full article: http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=48119