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Tether, Stablecoins, and the Evolving Financial Landscape
This chapter analyzes Tether's operations within the banking system and its dynamic with the U.S. government, highlighting how traditional banks might envy Tether's model amidst rising interest rates. It emphasizes stablecoins' advantages over fiat currencies, particularly in emerging markets, while discussing their role in supporting Bitcoin's future value amidst expanding debt. The conversation also introduces Noster as a potential game-changer in social media, exploring its relationship with Bitcoin and the importance of maintaining censorship resistance.