“the US is betting the farm on an asset 5x more volatile than equities to bailout its growing Treasury demand deficit “ #Stablecoins #UST #USD

Peter Ryan
@_PeterRyan
11-29
Important to understand that crypto volatility, risks triggering a crypto fire sale, not to USD, but to stablecoins first and then exiting to fiat. At a certain threshold, stablecoins have to fire sell their reserves to keep up with withdrawals. As stablecoins become the premier
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