Donald Trump is poised to exploit stablecoins and digital currency to amass unparalleled wealth, presenting an urgent need to understand and address this potential economic shift.
TL;DR: (y’all owe me for this one, that article is badly in need of an editor)
GOP have pushed bills moving regulation of crypto under Trump’s oversight, and passed a bill that prevents the treasury from creating it’s own stablecoin - thus setting the stage for huge investment of US debt into private stablecoins if/when the US moves towards a digital currency, of which Trump’s USD1 coin is the obvious candidate.
Pretty concerning, and I’ll forgive them the sensational headline because that’s actually what’s being set up, if their interpretation is right (which seems damn plausible)
TL;DR: (y’all owe me for this one, that article is badly in need of an editor)
Pretty concerning, and I’ll forgive them the sensational headline because that’s actually what’s being set up, if their interpretation is right (which seems damn plausible)