RT Token Terminal 📊 (@tokenterminal)🇺🇸 Why is U.S. admin doubling down on stablecoins?🌐 stablecoins = global distribution for the dollar📈 growth pattern = durable, non-cyclical💵 economic impact = net-new demand for U.S. T-Bills🟰an opportunity to expand the reach & dominance of USD & get cheap financing. https://t.co/lfJHmxlmJs ...

🇺🇸 Why is U.S. admin doubling down on stablecoins?🌐 stablecoins = global distribution for the dollar📈 growth pattern = durable, non-cyclical💵 economic impact = net-new demand for U.S. T-Bills🟰an opportunity to expand the reach & dominance of USD & get cheap financing. https://t.co/lfJHmxlmJs ...

Stablecoin & USD Dominance - The market anticipates the US dollar eventually replacing everything in crypto trading pairs [1] - Stablecoins are expected to continue to proliferate the use of USD in the crypto space indefinitely [1] - There is an expectation of SOL<>EURC swaps being quoted in USD on both sides, suggesting a trend towards USD dominance in crypto trading [1] Market Outlook - The industry acknowledges the current "debasement meta," but believes USD will not be eradicated [1]