164. Is the world de-dollarizing? With Peter St. Onge
The Bitcoin Standard Podcast
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The Future of Dollars
I think stable coins are going to be another massive dollar bill driver because now in Russia, you can buy dollars effectively by buying a stable coin. The US dollar is something like 99.5% of stable coin demand. Nobody wants any of the other stable coins. And what to me is fun is to the extent that the stable coin custodian has actually backed it as they promised. They've been trying hard to play ball to sort of paint inside the lines.
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