▲ | turnsout 6 days ago | |
Okay I'll bite—how would stablecoins help fix a $37 trillion problem? | ||
▲ | m00dy 6 days ago | parent [-] | |
Stablecoin companies back their coins with U.S. Treasury bonds, mostly short-term ones instead of 10 or 30-year bonds. So, when you hold a stablecoin, you're essentially helping the U.S. government kick the can down the road a bit more. |