… Africa who's making a purchase, why would a policymaker or US Citizen care if they're using a US dollar or a local currency? Well, the beauty of this is through Stablecoin transaction in say Argentina, which has historically had an unstable currency, could easily be done with the leverage of technology using stablecoins backed by the US dollar. And so that builds demand for the US Dollar and further cements the US Dollar is the world reserve currency. (09:30–09:45)
CLAIM
Asserts that stablecoins can facilitate transactions in countries with unstable currencies.
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