🚨 Peter Schiff Slams USD Stablecoins Amid GENIUS Act Momentum

🌐 Renowned economist Peter Schiff is once again stirring the crypto pot — this time targeting USD-pegged stablecoins, calling them "flawed tokens tied to a depreciating fiat currency."

📉 Schiff argues that backing digital assets with a currency steadily losing value undermines their long-term viability.

🏛 His comments come as the GENIUS Act advances in Congress, with former President Trump urging swift passage.

💵 While some experts believe stablecoins could reinforce the Dollar’s global position, Schiff’s critique raises valid questions:

⚖️ Can a stablecoin be truly “stable” if the peg itself is weakening?

🌐 Are USD stablecoins a bridge to the future — or a temporary fix?

📊 A timely debate as policy, politics, and crypto economics collide.

#Stablecoins #CryptoPolicy #DigitalAssets #PeterSchiff #GENIUSAct

https://coingape.com/peter-schiff-calls-usd-stablecoin-flawed-dollar-tokens-as-genius-act-proceeds/