Post
Topic
Board Economics
Re: Can stablecoins be able to prevent de-dollarization?
by
Wealthclub777
on 14/08/2023, 13:59:17 UTC
Not just usdt and busd and USDC but also btc will protect the dollar.



Think about when you issue the currency you can't issue the endless Loans or endless mbs contracts or bonds or treasury.
But If most of the currency is backed by commodities like btc you could issue a lot currency without even worry about inflation.
And USDT tether are one of the biggest btc HOLDERS.

Actually currency have value If people belive on this and why not USDT it's kind of stable thanks to tether btc holdings and it's good hold in your wallet and good liquitty to trade or exchange people love it and many people use USDT to make transactions.
Even paypal now use ETH blockchain what people dont Understood is that the btc and eth are here to stay and will used by many financial enteties.

Bitcoin is superior it's a king of the financial jungle.