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.Vance Spencer talks stablecoins w/ Schwab Network : "It's an outright hostile [regulatory] environment, but there's STILL $150 billion of stablecoins on-chain. What does that look like if there's a positive environment? Probably trillions. That's just positive for the US dollar"

167,312 Aufrufe • vor 2 Jahren •via X (Twitter)

10 Kommentare

Profilbild von Stryke ⚡
Stryke ⚡vor 2 Jahren

@pythianism @SchwabNetwork If we don't get clarity soon, I'm switching all of our pairs to RMB stables

Profilbild von Ochenta Veinte
Ochenta Veintevor 2 Jahren

@pythianism @SchwabNetwork Keep fighting the good fight @pythianism

Profilbild von Ace
Acevor 2 Jahren

@pythianism @SchwabNetwork @pythianism was great. Moar.

Profilbild von Krypton Exchange
Krypton Exchangevor 2 Jahren

@pythianism @SchwabNetwork Well said @pythianism. Leading the way to a brighter financial future 🚀

Profilbild von CRP CCIP LINK 1K EOY
CRP CCIP LINK 1K EOYvor 2 Jahren

@pythianism @SchwabNetwork Whew. That was based AF Vance. Well done. Keep doing these type of appearances please.

Profilbild von HMS Reaper
HMS Reapervor 2 Jahren

@pythianism @SchwabNetwork @elonmusk

Profilbild von Brian Ahlers
Brian Ahlersvor 2 Jahren

@pythianism @SchwabNetwork Vance: always ahead of the curve 🐐

Profilbild von starchild
starchildvor 2 Jahren

@pythianism @SchwabNetwork legendary @pythianism

Profilbild von geebz
geebzvor 2 Jahren

@pythianism @SchwabNetwork where can I get some data on the RMB stables? @RWA_xyz slacking

Profilbild von RWA.xyz
RWA.xyzvor 2 Jahren

@ArtGeebz @hiFramework @pythianism @SchwabNetwork Have got CNHt listed! Let us know if there are others we should add

Ähnliche Videos

🚨NEW: Adam Curry nicely breaks down how Stablecoins work, Tether, and the likely future of the US Digital Dollar system. (Worth a watch if you don't know about this subject) "A stablecoin is a digital dollar thats pegged to the dollar so it's always a dollar. It's already being used all over the internet and the world. The only reason it's worth a dollar is because the stablecoin company that creates it has debt and paper to back it up. They buy America's debt, they buy treasury bonds or T-bills that pay a dividend that gives interest, and for each dollar they've bought in treasury they can create stablecoins. If you look at the company Tether they've bought more of the US debt than most countries. They have $160B worth of US debt. For each of those dollars they have a stablecoin. There's like 50 people in the company. They have $160B at 4% interest annually, they're making BANK just for holding this debt. I think that President Trump is very smart in seeing that we can flood the world with our stablecoin and we get a 2-for-1. We create a dollar of debt and we create another dollar that can be used all over the world as a reserve currency and that should result in some new monetary system that we need to come up with to have our dollar valued properly but also still remain the reserve currency and remain a strong export country. We don't make anything that we sell abroad, we can't all serve each other burgers and fries -- we have to build something. All of that went overseas. There's something big coming, and it has to happen. Trump is a meta guy. He's going to re-finance the country. It'll be digital and he Bitcoiners don't like this because they want Bitcoin to be the one currency that everyone uses but its now more like a digital gold that's much easier to move around. It's useful but it isn't money or currency the way it was originally intended -- but it is still very important and will be part of the US' strategic reserve. It looks to me like Stablecoins and Tether in particular will be the future of the US dollar payments. A lot of people on the right are afraid of being controlled on a grid because you can stop stablecoins -- but it seems there's no way of getting around some form of a digital dollar. I still like Bitcoin as a backup to protect from that control." Great breakdown Adam Curry - curryirc.com

Autism Capital 🧩

365,538 Aufrufe • vor 1 Jahr