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He introduces stablecoins as a mechanism to pull broader retail into Treasury demand, proposing legal acts to force uptake as a form of financial repression.
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Treasury Demand
He introduces stablecoins as a mechanism to pull broader retail into Treasury demand, proposing legal acts to force uptake as a form of financial repression.
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"How? You create a new financial mechanism called stable coins, okay? Stable coins. And the two most popular stable coins are something called Tether..."
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"people okay okay and so you're like okay wait wait a minute here 39 20 is a lot of money man chinese people don't..."
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"force you to buy it by passing laws called the genius act and the clarity act which compels stable coins to use u.s treasuries..."
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