A dollar #stablecoin will:

1. Extend seigniorage, funding inflation, by creating trillions of dollars of demand abroad for US treasuries.

2. Allow the US Gov / ruling class to program the financial behavior of the world, including US citizens.

3. Unify surveillance, making every dollar transaction everywhere in the world visible to the US Gov programmatically, except for cash which will be no doubt phased out.

A #CBDC with a private front end.