The Truth Behind Stablecoins
https://www.youtube.com/watch?v=8FUnG7F1LfA
Language: en | ASR: large-v3-turbo @ 0a363e9161cbc7ed1431c9597a8ceaf0c4f78fcf

[00:00:00.000 --> 00:00:04.820] Speaker 1: If you can get hundreds of millions of people around the world to hold your digital dollars
[00:00:04.820 --> 00:00:10.460] Speaker 1: on their smartphones, you've just found a new market for U .S. debt. Beyond this ability to
[00:00:10.460 --> 00:00:14.520] Speaker 1: program money, there's actually another reason why central planners want to do this, is to
[00:00:14.520 --> 00:00:19.360] Speaker 1: be able to offload their debt onto the rest of the world. That's because in 2026, the
[00:00:19.360 --> 00:00:23.460] Speaker 1: United States government is running a deficit that is completely unsustainable. Foreign
[00:00:23.460 --> 00:00:27.860] Speaker 1: countries that used to buy U .S. treasury bonds, they're now buying less of it. The
[00:00:27.860 --> 00:00:31.560] Speaker 1: traditional wholesale market for U .S. debt is getting smaller and it's getting smaller
[00:00:31.560 --> 00:00:36.460] Speaker 1: because nations are trusting the u .s less and less especially in the context of the iran
[00:00:36.460 --> 00:00:42.320] Speaker 1: war so how do you save the empire stable coins because if you can get hundreds of millions
[00:00:42.320 --> 00:00:47.060] Speaker 1: of people around the world to hold your digital dollars on their smartphones which are
[00:00:47.060 --> 00:00:51.880] Speaker 1: essentially just treasury bills wrapped in an app you've just found a new market for us
[00:00:51.880 --> 00:00:56.260] Speaker 1: debt that's where private corporations will be able to issue their own coins and pay their
[00:00:56.260 --> 00:01:01.360] Speaker 1: own yields with their own perks and benefits, and that's how you can export your debt into
[00:01:01.360 --> 00:01:05.880] Speaker 1: the global retail market. And that props up demand for treasuries. It preserves dollar
[00:01:05.880 --> 00:01:11.180] Speaker 1: dominance. And as a bonus, every single transaction will be visible, trackable, and in
[00:01:11.180 --> 00:01:12.380] Speaker 1: theory, programmable.