Loading ...Simon Dixon
@SimonDixonTwitt
·
Oct 29
Central banks are selling US debt.
Stablecoins are buying US debt.
What happens to the stablecoin yield from US debt at Tether?
It buys Bitcoin.
It also buys the White House ballroom—because stablecoin issuers have become the exit plan for US debt.
Stablecoins are the new tool in the debt-based Ponzi.
https://x.com/SimonDixonTwitt/status/1983490593964597725
Paolo Ardoino 🤖
@paoloardoino
·
Oct 29
With 135 billion of U.S Treasuries, Tether is now the 17th largest holder of U.S debt, passing also South Korea.
Soon Brazil!