GM,

all signs point to a massive campaign by USS stablecoins. The aim is to sell US government debt to retailers and thus keep the yield curve under control during the fiscal transformation phase. The Federal Reserve is probably also on board now, with FED's Waller saying: 'a stablecoin is like a synthetic dollar; if it makes payments faster or cheaper, I'm all for it'. The dollar is nowhere near as dead as many describe.

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