🚀 Stablecoins to Save the US Economy? 🤯
As I’m sure you’re all aware, the world is on the brink of economic collapse. Or not. But one thing’s for sure: stablecoins are going to save the day. Or at least, that’s what Nigel Green, CEO of deVere Group, thinks.
In a thrilling new video update, Green tells his 115,000 YouTube subscribers that stablecoins – fiat-pegged digital assets – could be the answer to all our economic prayers. And by “all our economic prayers,” I mean the prayers of the top two crypto assets by market cap: Bitcoin (BTC) and Ethereum (ETH).
According to Green, stablecoins can help keep US interest rates lower, which is great news for everyone who’s been struggling to afford their avocado toast. And by “everyone,” I mean the banks and individuals who will be able to transfer money inexpensively and quickly.
Green exclaims, “Stablecoins are virtually instant – it means you can transfer inexpensively and very quickly. It’s good for banks, it’s good for individuals. Really, it’s a revolution.” Because nothing says “revolution” like a bunch of digital assets that are pegged to the value of a fiat currency.
But wait, there’s more! If the US can successfully create policies that boost dollar-pegged stablecoins, it would increase the rate at which people are buying US Treasury bills with fixed rates, which would drive down interest rates and increase demand for tech stocks, BTC, and ETH. Because what’s a better way to invest your money than in a bunch of digital assets that are only worth something because of a government’s promise to back them?
Green goes on to say that if the US can just get its act together and create some stablecoins, it would be like a digital miracle. And by “digital miracle,” I mean the kind of miracle that would make JPMorgan, PayPal, and Fidelity all very happy.
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2025-03-28 23:02