“美國正孤注一擲，押注一種波動性是股票五倍的資產，以彌補其日益增長的國債需求缺口。” #穩定幣 #UST #美元
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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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