Replacing eurodollar wires with Genius Act stablecoins
The policy thesis argued: forcing US importers to use Genius Act-compliant US dollar stablecoins instead of traditional eurodollar bank wires would weaken unregulated offshore dollar creation and reduce foreign ownership of US Treasuries.
Sign in to read the full idea
The argument, what validates it, the risks discussed and hearing it from the source are for signed-in members. Free accounts read 3 ideas in full a day. No card required.