I have to admit that Trump is really a "genius" in financial transactions. He invented the stable currency. Firstly, take care of friends who are not familiar with the incident and explain what exactly happened. Brothers, you can take a look at my latest statistics (chart). The debt scale of the United States has exceeded $37 trillion. What is the concept behind this number? Let me put it this way. Even if the United States disbands its troops in place, cuts down all military spending and pays off all the money it has saved, it will not be enough to repay the interest on the treasury bond of the United States. Friends who often borrow money know that there are generally only three ways to solve their debt problems without repaying them: 🚩 The first is the simplest. The Americans thought about this plan after killing all creditors. But after measuring the power balance, they found that the risk was too great and they had to give up. 🚩 The second way is to blow up the economy of creditors, and then they take the opportunity to buy the bottom and use the harvested wealth to fill the holes in the US treasury bond. But after a game, they found that our economy is very strong, and this road seems to be impassable. 🚩 In the end, the Americans who were forced into the corner had no choice but to take the third path, which was their ultimate coup - stabilizing the currency. What is stablecoin? He is essentially a digital currency based on blockchain technology, with a 1:1 exchange rate with the US dollar. Friends who have been to the game hall should be aware that when you go to the game hall to play games, one coin can be exchanged for one game coin, and stablecoins are equivalent to game coins. However, the scope of the game hall has become the entire world. What is the content of the stablecoin bill? The general meaning is that if you are an American company and want to issue a stable currency, you must first take out the same dollar cash or purchase US bonds as collateral. This is the same as the Bretton Woods system in the gold standard era. Every US dollar issued by Americans will reserve a large amount of gold in the treasury, but this time the currency issued has changed from the US dollar to the stable currency, and the anchor of the currency has also changed from gold to US dollar bonds. In this way, the stable currency is linked to the US debt. If you buy the stable currency, it is equivalent to supporting the US treasury bond in a disguised way. Trump was most worried about the maturity of a large number of US debt. Now the two major creditors in China and Japan are selling US debt. If no one buys US debt later, the US debt crisis will explode, So in order to avoid such things from happening, he came up with the stablecoin bill. With this bill, anyone who buys stablecoins in the world will be essentially buying US bonds in disguise. That is to say, everyone in the world is using their wealth to buy US debt, Don't think it has nothing to do with you. The US dollar is the world currency. Once this kind of big drain is opened, the money in ordinary people's hands will also depreciate. As for the magnitude of depreciation, it depends on the speed at which Trump indirectly prints money. I know some people may raise doubts, so why should we buy stablecoins? First, let's talk about the first group, American companies. Why do they issue stablecoins? As we all know, there is interest in buying US bonds. According to the current interest rate, the interest rate is about 5% a year. So if an American company issues a stable currency of $1 million, and holds a US treasury bond bond worth $1 million in his vault, the interest he can earn a year is $50000. If he issues 100 million, the interest is $5 million, which is equivalent to making money without doing anything while lying down. This is the biggest motivation for them to issue stable currency. And he doesn't even have to pay the money to buy US treasury bond, because as long as someone is willing to buy his $1 million stable currency, it is equivalent to that global investors together contribute money to help him buy US bonds, and then all the interest goes into his pocket. Who wouldn't want to do such a business with huge profits? I know someone will say it again, why would global investors buy his stablecoins? Can't I just not buy it! The people who can think of this are all smart, because you can see the key issue at a glance, which is why the world should buy this stablecoin from the United States? Can't everyone see that this is cutting leeks? No, there are many smart people in the world who can understand Trump's scam of spreading rumors, but due to three major reasons, everyone must buy this stablecoin. 🚩 The first reason is that stablecoins are equivalent to credentials for cryptocurrency transactions. What does that mean? Nowadays, many people around the world are buying bitcoin and some virtual currencies, 90% of which need to be settled with stable currency, just like you need to download a Alipay when you buy clothes on Taobao. Stable currency is Alipay in the virtual currency market, which is the precondition for your transaction. If you want to buy currency, you need to spend money to buy some stable currency. 🚩 The second reason is that stablecoins are actually a lifeline for some countries. For example, in Argentina, due to the domestic turmoil, the annual inflation rate is as high as 100%. For Argentinians, if no measures are taken, their wealth will shrink by more than half every year. So how can this problem be solved? The answer is to crazily buy stablecoins, after all, stablecoins are linked to US dollars and US bonds, and to some extent have the function of preserving value, which can prevent one's wealth from shrinking significantly. Since the Russia-Ukraine conflict in 2022, when the United States raised interest rates, many countries around the world have devalued their currencies crazily. They all want to fight against currency devaluation by stabilizing their currencies. This is also an important reason for the soaring prices of gold and bitcoin, which is to fight against the risk of devaluation. 🚩 Finally, the third reason is that in international trade, using stablecoins is more cost-effective. For example, let me give you an example. You are a Chinese company and now you need to make a payment to a Mexican customer through traditional bank transfer. The payment takes 3 days and the handling fee is 5%. However, if you use stablecoins, the payment can be received in 10 seconds and the handling fee is only 0.1%. If it were you, what method would you choose? It is precisely for this reason that a large number of enterprises have actively chosen stablecoins in order to save costs. According to the data I have found, the proportion of stablecoins in cross-border payments by 2025 has reached an astonishing 37%. At present, USDT, the world's largest stable currency, has held US $120 billion of US debt, which has exceeded the size of the German Central Bank. According to the current trend, it is estimated that by 2030, the size of the stable currency will reach US $2 trillion, which is equivalent to the global blood transfusion of US $1.6 trillion for US debt, just enough to cover all the new debt created during Trump's tenure. This is the real purpose of Trump's introduction of various special Trump coins, Melania coins and stable currency bills. One is to make profits for his family, which is said to have made hundreds of millions of dollars. The other is to change ways to let the world accept dollar debts.