The stablecoin narrative is going to get a lot more interesting with the EU going for CBDCs and Bitbonds. I believe new opportunities to invest USDT/USDC in bonds are going to pop up in the US while the ECB cannot even come up with a single compelling argument as to why CBDCs are needed (the existing banking infrastructure is efficient and swift). It's hilarious to see them try to explain why we need it, because they know it doesn't bring much besides max herd control.

They are introducing digital identities and tie it to CBDCS to be able to charge negative interest rates, implement carbon taxes on your spending - ultimately all to keep the plebs poor and in line.

I do expect that the EU will forbid Euros from holding USDT/UDSC at some point. If I were living in the EU, I'd be thinking of at least a plan B just in case.

I can imagine a flight of crypto capital to US stablecoins for both yield and freedom. Similarly to the flight of European capital, entrepreneurs and the brain drain we're seeing happening today.