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Stablecoins Are Eating the World, Fed Shift Ahead, AI Prints Billions w/ Ram Ahluwalia

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The Rise of Stablecoins and Financial Disruption

This chapter explores the pivotal role stablecoins play in transforming the financial landscape, particularly following the enactment of the Genius Act. It examines how stablecoins facilitate direct transactions, challenge traditional payment systems, and influence competitive dynamics within the banking sector. The discussion underscores the broader economic implications, including the changing nature of consumer incentives and the potential for disruption among established financial institutions.

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