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17 sats \ 1 reply \ @Undisciplined 10 Dec \ parent \ on: Stablecoin Adoption Could Stifle Central Bank Control, IMF Warns econ
That's the hyperdollarization-before-hyperbitcoinization thesis.
Bingo. Need to wipe out every non-dollar fiat first.
undermine the monetary sovereignty of non-US currencies
Thats the point, dollar supremacy... all other fiats are propped up at the dollars expense (American's blood and treasure). Tariffs are the other part of this.
hands of the Federal Reserve
Fed is already cooked, it's not so slowly being merged back in to the US Treasury.
It becomes much easier for foreigners to adopt Bitcoin once their local currency collapses, and they have a stablecoin wallet installed. Dollar wrecking ball facilitates that.
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