How Stablecoins Could Extend Dollar Dominance
The Breakdown
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The Role of Stablecoins in Maintaining Dollar Hegemony and Competition with China
Exploring how stablecoins can assist the US government in fulfilling commitments on healthcare, retirement, and national defense spending while also maintaining the dollar's dominance in the digital era. Emphasizing the need for promoting dollar-backed stablecoins to stimulate demand for US debt and to stay competitive against China in the evolving digital currency market.
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Transcript
