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Open original source ↗On the day of the amazing debut of $CRCL, @LorenzoARK’s stablecoin blog is timely. USDC and Tether are creating demand for dollars, helping to offset the declining demand for dollars from China and other countries.
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1/ Stablecoins might quietly become one of the most important allies of the US government. Why? They’re stepping in as major buyers of US debt — right as traditional foreign demand is fading. 🧵Let’s break it down: https://t.co/LzTec4zGlX
LorenzoARK ↗