Stablecoin Bill, the Dollar Hegemony Behind It!
Recently, you may have seen the stablecoin bill passed by the Americans. On the surface, it looks like a compliant stable market, but in reality, it uses Bitcoin and USDT to have the U.S. Treasury buy U.S. bonds.
Prolonging the dollar hegemony, which means if you want to buy a stablecoin worth 1 dollar, the issuer will take 1 dollar to buy U.S. bonds.
Or it can be deposited into a dollar account; if you scrutinize this logic, you will find that the more people hold stablecoins, the more buyers there are for U.S. bonds.
This is not regulation; this is an on-chain version of an automatic U.S. bond distribution system.
