💭 Stablecoin – financial freedom or “dollarization” 4.0?
The market capitalization of USD stablecoins has just surpassed 306 billion dollars, increasing nearly 50% since the beginning of the year – but behind it is a larger story about monetary power and capital flow control.
The GENIUS Act requires all stablecoins issued in the U.S. to be backed by USD or treasury bonds, turning each stablecoin circulating globally into a bridge to attract capital back to the U.S.
As blockchain expands, USD is not only present in banks but seeps into every crypto wallet, every smart contract.
Visa, Mastercard, Western Union, and BlackRock are all participating – but the question is: who really controls this “digital dollar”?
By 2030, stablecoins could reach 4 trillion USD, and at that point, what is called “decentralized” may become the most centralized financial network in the world.
