Stablecoins will become the largest holder of US Government debt(writing.kunle.app) |
Stablecoins will become the largest holder of US Government debt(writing.kunle.app) |
I do think that other than for the censorship resistance use case, this was always going to be inevitable for whatever the reserve currency was. It was only a matter of time.
(Also makes me think a gold backed stable is inevitable on some time horizon)