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17min chapter
How Crypto Fixes U.S. Debt | Fmr Speaker Paul Ryan
Bankless
Stablecoins and the U.S. Debt Crisis
This chapter examines the potential role of stablecoins in addressing the U.S. debt crisis and bolstering demand for U.S. treasuries. Drawing on insights from a seasoned congressional career, the discussion highlights the necessity of retaining dollar dominance amidst rising global competition, particularly from China. By linking stablecoins to fiscal stability, the speakers explore how these digital assets could help sustain the dollar's status as the world's reserve currency and mitigate financial instability.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode