So, 🐠
So, this Faulkender guy spills the beans to Bloomberg, claiming this clarity could, wait for it, reshape global finance. Sure, why not? Just toss a stablecoin in the salad of money and see what happens, right? Now that international players can trust these digital tokens are somehow solid because they’re propped up by U.S. government debt, they’re all jumping on the bandwagon like it’s the last seat at a Broadway show. And what do you get? A potential tsunami of demand for Treasury bills. Who knew the U.S. Treasuries were the new hot commodity? It’s like finding out your grandma’s cookie recipe is the secret to world peace. 🍪🌍
And just to put the cherry on top, Faulkender brings up stablecoins’ near-instant settlement speeds and lower costs. They’re like the Usain Bolt of money transfers compared to traditional methods that take longer than waiting for a table at a trendy restaurant. If global trade starts relying on these dollar-backed digital goodies, he thinks it could bring in “trillions” in new demand for Treasuries. Trillions! That’s more money than I’ve seen in my bank account in… well, never! 💸
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2025-07-24 01:32