As a US Policymaker, people wouldn't be concerning themselves with how maybe a day laborer in Argentina or a, an entrepreneur in Portugal is getting paid. But with the invention and with the creation of the development of this stablecoin legislation, Stablecoin usage around the globe, all underlined by the US dollar, ultimately many of these people could be getting paid in functionally in a US dollar backed stablecoin. further cementing the United States as the world reserve currency. That is a big deal for US Policymakers and for citizens in the United States of America. (11:51–12:06)
CLAIM
Asserts that global stablecoin usage could lead to payments in US dollar-backed stablecoins.
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