
qinbafrank|Jun 05, 2025 02:25
The stablecoin bill cannot solve the debt problem in the United States, it only provides new purchasing power for US bonds. As early as March, it was talked about in the stablecoin wave at https://(x.com)/qinbank/status/1905254289809060024? S=46&t=k6rimWSEbo2D2TXolYcM-A This point: finding new purchasing power for US bonds and solving the US debt problem are two different things, and many people easily confuse the concepts without distinguishing between them. Finding new purchasing power is actually continuing to increase the scale of debt, and solving the debt problem requires opening up sources (increasing fiscal revenue) and reducing expenses (lowering expenditures).
Finding new purchasing power for US Treasury bonds is one aspect, firmly grasping the pricing power of future on chain assets is another aspect. As mentioned by Uncle Cat, monitoring the liquidity of US dollar capital, at least the stable coin and the US dollar, can be firmly controlled
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