Since stable coins are now required to hold short term US sovereign debt and the PRESIDENT OF THE UNITED STATES DONALD TRUMP wants low interest rates, the government is now incentivized to scare all the crypto investors into selling their crypto for stable coins. A sudden demand for stable coins would cause a flood of liquidity into the Treasury market.
>>61664778doesn't work that way, new stables are not minted by buying, they are minted by deposits.
>>61664815If you deposit BTC on an exchange and buy up all the USDT the exchange will go to tether and buy more.
https://tether.to/en/transparency/?tab=reports
>>61665095What is your point?