Ripple could become one of the largest holders of U.S. Treasuries. 🇺🇸
Ripple owns major stablecoin RLUSD and if ends up owning USDC, it would need to back them with large amounts of U.S. government debt — just like Tether and Circle.
This shift could mark a turning point:
Senator Bill Hagerty predicts Stablecoin issuers will be the largest holders of U.S. treasuries in the world.
In such case the U.S. may no longer rely on China or foreign governments to buy Treasuries. Instead, stablecoin issuers like Ripple could become the new backbone of U.S. debt demand.
The implications for crypto, global finance, and U.S. monetary policy are massive. 🔥
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