🇺🇸 Stablecoins affect U.S. government bonds.
#USDT and #USDC are buying short-term bonds worth billions - and this also affects the profitability of treasury securities:
• The volumes of stablecoin reserves are increasing.
• The effect - like that of central banks, but without a regulator.
• In case of a crisis of trust, the ricochet will go throughout the financial system.
💬 When crypto starts playing by the rules of the big players - the big players start to get nervous. #Crypto #USA $USDT $USDC