The wildest reality of modern financial regulation is that private stablecoin companies like Circle (USDC) and Tether have quietly become some of the largest buyers of U.S. national debt in the world, giving tech executives immense leverage over the global economy. This sudden shift has sparked a fierce, behind-the-scenes war in Washington, where traditional Wall Street banks are aggressively lobbying Congress to legally ban crypto platforms from paying interest to everyday citizens. The banks are terrified that if the public can easily earn passive digital yield, trillions of dollars will instantly vanish from traditional checking accounts, causing a systemic collapse of the legacy banking system.
>>62292473btw
>>62292473aren't the banks going to implement their own pozzed digital usd
Yes, Sir. The great financial reset is upon us.JP Morgan is adapting by using a stablecoin on Base. Other banks will adapt or go bankrupt.Bobo is unfathomably stupid.
thanks to the EU we can't have interests on our USDC, i feel so safe now
can LINK pls just pump?
my faggot canadian bank charged me a monthly rate for years and stopped doing it about a year ago. They are definitely scared.
>>62292522which one? i've been using shitty free banking and wanted to open a big 5 account, but hate fees
>>62292473Dimon fits the seething tough talking boomer archetype so well. Imagine being a wagie that reports to him lol.
>>62292550bmo
>>62292508dumps even more!
>>62292473If they weren't strangled by regulation and also allowed to fail they wouldn't be in this predicament. They outsourced the entire industries innovation to a crypto sandbox with there foolishness.
>>62292473>become some of the largest buyers of U.S. national debt in the world"some" is doing a lot of work here
>>62292473Also, are these short term bonds? Because holding long-term bonds to shore up your stablecoin is risky
>>62292473The US has to pay off 160 trillion in underfunded liabilities. It can only issue more debt to do that. Stable coins issuers will be the main buyer of US debt. Everything is going to 100x. None of you are bullish enough.
