Schectman: 'Genius... and Diabolical' – The Act That Could Rewrite the Dollar System
Schectman: 'Genius... and Diabolical' – The Act That Could Rewrite the Dollar System
Transcript
Let's bring it to demand for US treasuries because you started to touch on it and that's the Genius Act which is uh regulated stable coin issuance and it forces issuers to back stable coins with either US dollars or short-term treasuries. So it's transforming a billion plus market for stable coins into direct demand for US treasuries. It is genius.... Read More
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