Keiser pointed out that despite ongoing inflationary pressures, US dollar stablecoins have exacerbated the issue by increasing the number of circulating currencies without actual asset backing. He emphasized that as Russia and China reportedly plan to launch gold-backed stablecoins, the global financial landscape may undergo a transformation.
These countries' actions could potentially alter the current geopolitical and financial landscape, offering an alternative to the traditional US dollar support system.
Keiser's perspective provides a new insight into ongoing discussions about inflation management and monetary stability mechanisms, suggesting that emerging technologies and international cooperation may pave the way for a new economic paradigm.