“this administration does not think that stablecoins threaten the integrity of the United States dollar.”

As other countries stop buying US bonds, the govt. is looking for someone to buy them. Tether is a huge buyer of them now and so they’re getting a red carpet laid out. I wonder if the US would ever nationalize Tether, similar to Fanny Mae and Freddie Mac, in order to have another large buyer of bonds that they control?

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