I called this back in April in my article: The End of the Petrodollar Era—And the Rise of the Digital Dollar In the petrodollar system: the world needs oil → buys dollars → Gulf states accumulate surp

I called this back in April in my article: The End of the Petrodollar Era—And the Rise of the Digital Dollar In the petrodollar system: the world needs oil → buys dollars → Gulf states accumulate surpluses → invest in Treasuries → US finances its deficits at lower rates. In the emerging stablecoin system: the world needs digital dollars → holds stablecoins → issuers back them with Treasuries → US finances its deficits at lower rates. Another reason to subscribe to the Stablecoin Strategist.

I called this back in April in my article: The End of the Petrodollar Era—And the Rise of the Digital Dollar In the petrodollar system: the world needs oil → buys dollars → Gulf states accumulate surp

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