Experts of `Legal Business StockTrade' expantiated of U.S. Government bond market previous days[three] where there has been increased scrutiny about supply outpacing demand; Both related to continued government deficit spending[Expenditure].
And this initially highlights the unsustainability of not just U.S. sovereign debt, but bloated global sovereign debt.
The U.S. is assiduously working a solution that will create a distinct edge, relative to the rest of the world, in ensuring robust demand for its debt.
The Absolute solution: a regulated, Treasury-backed dollar stablecoin.
Potentially,the legislation is progressing for this, and it will;
•shore up the dollar's dominance in the world,
•create a brand new, and very deep source of demand for U.S. Treasuries.
Further expantiated；Not only will this move by Congress ensure the dollar remains the world's reserve currency, the dollar will become the world's digital reserve currency.
Entrepreneurs， Businesses and Governments from respective world will be able to own U.S. dollar stablecoins (effectively hold U.S. dollars) without the friction of potentially opening a U.S. bank account or going through the absolute conceptualized and attributed U.S. financial system； they get instant and virtually free (no wire fees, no spreads) access to the stability, trust and liquidity of the dollar.
The question is, as global capital will flow into the borderless dollar stablecoin, what will happen to foreign asset markets? and What will happen to Bitcoin?
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