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#1165 Dylan LeClair On Bitcoin, Nostr, Ordinals, Regulation, & The Fed
The Pomp Podcast
Stablecoins
With short-end rates at 5%, having a multi-billion dollar stablecoin is a profit puppy. Stablecoins are a path to monetize treasuries for the US government, it's a structural buyer of US debt. Tether now is this reporting a bunch of profits because they have a ton of their cash in liquid treasuries.
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