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BTC109: Bitcoin Taro, GBTC Discount, & More w/ Pierre and Morgen Rochard (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Is There a Buyer of Treasuries?
The idea is that as inflation continues to run hot, there needs to be a buyer of all these Treasuries. And what Pierre is saying is the stable coin operators become those buyers. They are the ones that have to have something in a Treasury that represents the digital token that they're issuing. So they become a natural buyer, which is very ironic. I think many might not ever suspect being the scenario becomes a convenient relationship for the Fed, for stable coin issuers and for just buyers of Treasuries worldwide.
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