Well, the reason is it cements the US Dollar as the world reserv. And the second part of that is When these stablecoins are up and running, they're buying US Treasuries. which from an unfortunate standpoint that we're producing so much debt in Washington, we'd rather have them not have to buy U.S. treasuries. But in the short term they're going to continue to buy U.S. treasuries. (11:14–11:18)
CLAIM
Claims that operational stablecoins purchase US Treasuries.
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