
qinbafrank|Jun 05, 2025 02:23
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 debt and solving the US debt problem are two different things. Many people tend to confuse the concepts without making any difference. 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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