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🇺🇸 While U.S. equities and the dollar remain strong, this performance masks the vulnerability caused by bloated national debt and a declining desire among nations to hold U.S. Treasuries. Miles Franklin CEO Andy Schectman says the transition away from the U.S. dollar is evidenced by the growing adoption of...

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Mario Nawfal

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46,163 views • 21 days ago •via X (Twitter)

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🇺🇸 The U.S. faces a fundamental dilemma: it consumes far more than it produces and is effectively insolvent, leaving the Federal Reserve with the difficult choice between inflation or default. While initiatives like those proposed by Judy Shelton aim to revive domestic manufacturing, Miles Franklin CEO Andy Schectman reveals the reality: the U.S. lacks the current capacity to produce enough to sustain its position. Many in the Global South are already preparing for a potential systemic collapse by establishing alternative financial rails. Continuing to serve as the global reserve currency is a privilege the U.S. can no longer afford, as it jeopardizes the nation's long-term future and the prosperity of future generations. Andy Schectman
1:39

🇺🇸 The U.S. faces a fundamental dilemma: it consumes far more than it produces and is effectively insolvent, leaving the Federal Reserve with the difficult choice between inflation or default. While initiatives like those proposed by Judy Shelton aim to revive domestic manufacturing, Miles Franklin CEO Andy Schectman reveals the reality: the U.S. lacks the current capacity to produce enough to sustain its position. Many in the Global South are already preparing for a potential systemic collapse by establishing alternative financial rails. Continuing to serve as the global reserve currency is a privilege the U.S. can no longer afford, as it jeopardizes the nation's long-term future and the prosperity of future generations. Andy Schectman

Mario Nawfal

34,467 views • 21 days ago

“The dollar doesn’t lose dominance overnight – it gets chipped away, little by little.” At Vancouver Resource Investment Conference (VRIC), Andy Schectman lays out how gold-backed trade rails outside SWIFT – from Shanghai to the Middle East – are quietly reshaping global settlement. As more nations adopt alternative payment systems, settle trade in local currencies, and convert surpluses into gold instead of U.S. Treasuries, the foundations of dollar hegemony are slowly eroding. This was a powerful moment from the panel “The Dollar at a Crossroads: Dominance, Debt & What Comes Next”, alongside Brent Johnson, Nomi Prins, Mark Moss, and Taylor Kenney.
2:48

“The dollar doesn’t lose dominance overnight – it gets chipped away, little by little.” At Vancouver Resource Investment Conference (VRIC), Andy Schectman lays out how gold-backed trade rails outside SWIFT – from Shanghai to the Middle East – are quietly reshaping global settlement. As more nations adopt alternative payment systems, settle trade in local currencies, and convert surpluses into gold instead of U.S. Treasuries, the foundations of dollar hegemony are slowly eroding. This was a powerful moment from the panel “The Dollar at a Crossroads: Dominance, Debt & What Comes Next”, alongside Brent Johnson, Nomi Prins, Mark Moss, and Taylor Kenney.

Miles Franklin Precious Metals

12,269 views • 5 months ago

A Dollar shortage + oil shortage isn't supposed to be possible. The demand for oil is inversely correlated to the value of the Dollar. Under normal supply situations, the higher the Dollar the less oil nations can afford, which reduces demand. What's different this time is there's an engineered supply shock to global oil, but not in the U.S. As nations are starved of oil, their economies slow. Their ability to sell goods to the U.S. declines, which means they receive less Dollars that they need to service their debt. At the same time, the U.S. is still open for business, exporting oil for Dollars, which sucks Dollars back into the U.S. The more the U.S. exports, the less Dollars are in circulation for the rest of the world, raising the value of the Dollar when there's an oil shortage. Again, the Dollar & Oil going up at the same time isn't supposed to be possible, but that's exactly what's about to happen. This leads to a massive disruption in the global debt market, which tightens loan supply, reducing the ability to get Dollars, increasing the risk of defaults while forcing nations to sell their U.S. Dollar denominated assets below face value. e.g. U.S. treasuries
3:55

A Dollar shortage + oil shortage isn't supposed to be possible. The demand for oil is inversely correlated to the value of the Dollar. Under normal supply situations, the higher the Dollar the less oil nations can afford, which reduces demand. What's different this time is there's an engineered supply shock to global oil, but not in the U.S. As nations are starved of oil, their economies slow. Their ability to sell goods to the U.S. declines, which means they receive less Dollars that they need to service their debt. At the same time, the U.S. is still open for business, exporting oil for Dollars, which sucks Dollars back into the U.S. The more the U.S. exports, the less Dollars are in circulation for the rest of the world, raising the value of the Dollar when there's an oil shortage. Again, the Dollar & Oil going up at the same time isn't supposed to be possible, but that's exactly what's about to happen. This leads to a massive disruption in the global debt market, which tightens loan supply, reducing the ability to get Dollars, increasing the risk of defaults while forcing nations to sell their U.S. Dollar denominated assets below face value. e.g. U.S. treasuries

Financelot

185,411 views • 2 months ago

The Coming Gold Repricing & The New Financial System In this Short video, Andy Schectman of Miles Franklin Precious Metals and Adam Taggart break down the case for a future gold $GLD repricing, the shift away from U.S. Treasuries, and the quiet transformation taking place in the global monetary system. For decades, the global financial system has revolved around the U.S. dollar, U.S. Treasuries, and Western-controlled payment networks. But a quiet shift is taking place beneath the surface. BRICS nations and other emerging economies are steadily building an alternative framework for trade and settlement. Instead of selling commodities for dollars, countries can increasingly transact in local currencies, settle imbalances with #gold, and move value through new financial infrastructure outside the traditional Western system. The most overlooked part of this trend may be the rapid expansion of gold vaults and settlement hubs across Hong Kong, Shanghai, Singapore, Dubai, Mumbai, and other regions. Combined with payment systems such as CIPS, these networks could eventually allow countries to trade with one another without relying on the dollar as an intermediary. Andy Schectman also argues that gold and #silver $SLV have never been allowed to fully reflect their true market value. While the West continues to set global precious metals prices through paper markets, physical demand has been rising as central banks and sovereign buyers accumulate metal and increasingly stand for delivery. At the same time, the traditional safe-haven asset – U.S. Treasuries – has suffered one of the worst drawdowns in modern history. The argument is that many countries are quietly reducing Treasury exposure and reallocating reserves toward gold. If these trends continue, the world could be moving toward a more multipolar financial system where physical gold plays a much larger role in trade, reserve management, and international settlement. The big question is whether gold's current price reflects that future—or whether a major repricing still lies ahead. ⬇️Get access to my notes with the key takeaways from this interview with Andy Schectman by visiting my Substack (link below) ⬇️
2:59

The Coming Gold Repricing & The New Financial System In this Short video, Andy Schectman of Miles Franklin Precious Metals and Adam Taggart break down the case for a future gold $GLD repricing, the shift away from U.S. Treasuries, and the quiet transformation taking place in the global monetary system. For decades, the global financial system has revolved around the U.S. dollar, U.S. Treasuries, and Western-controlled payment networks. But a quiet shift is taking place beneath the surface. BRICS nations and other emerging economies are steadily building an alternative framework for trade and settlement. Instead of selling commodities for dollars, countries can increasingly transact in local currencies, settle imbalances with #gold, and move value through new financial infrastructure outside the traditional Western system. The most overlooked part of this trend may be the rapid expansion of gold vaults and settlement hubs across Hong Kong, Shanghai, Singapore, Dubai, Mumbai, and other regions. Combined with payment systems such as CIPS, these networks could eventually allow countries to trade with one another without relying on the dollar as an intermediary. Andy Schectman also argues that gold and #silver $SLV have never been allowed to fully reflect their true market value. While the West continues to set global precious metals prices through paper markets, physical demand has been rising as central banks and sovereign buyers accumulate metal and increasingly stand for delivery. At the same time, the traditional safe-haven asset – U.S. Treasuries – has suffered one of the worst drawdowns in modern history. The argument is that many countries are quietly reducing Treasury exposure and reallocating reserves toward gold. If these trends continue, the world could be moving toward a more multipolar financial system where physical gold plays a much larger role in trade, reserve management, and international settlement. The big question is whether gold's current price reflects that future—or whether a major repricing still lies ahead. ⬇️Get access to my notes with the key takeaways from this interview with Andy Schectman by visiting my Substack (link below) ⬇️

Thoughtful Money®

11,731 views • 1 month ago

Fantastic episode by Andrei Jikh talking about the master plan While I can see why Luke Gromen thinks a rising Dollar means the "plan" is failing, it's actually the opposite They've engineered a Dollar shortage precisely because they are creating a global sovereign debt crisis. Global debt is denominated in Dollars. An oil shortage + Dollar shortage forces nations to sell their U.S. treasuries before maturity, significantly below face value. This forced liquidation of US Treasuries will allow the Federal Reserve to print and take them out of circulation, thus reducing the total outstanding debt of the United States.
2:06

Fantastic episode by Andrei Jikh talking about the master plan While I can see why Luke Gromen thinks a rising Dollar means the "plan" is failing, it's actually the opposite They've engineered a Dollar shortage precisely because they are creating a global sovereign debt crisis. Global debt is denominated in Dollars. An oil shortage + Dollar shortage forces nations to sell their U.S. treasuries before maturity, significantly below face value. This forced liquidation of US Treasuries will allow the Federal Reserve to print and take them out of circulation, thus reducing the total outstanding debt of the United States.

Financelot

156,349 views • 23 days ago

“America can’t stay the global empire if it can’t make anything.” Luke Gromen says Donald J. Trump aims to rebuild American industry by intentionally weakening the dollar to make U.S. manufacturing competitive again and ensure national security - a controlled reset of the dollar designed to secure American dominance for the next century. This is a direct response to Triffin’s dilemma, where the very role of the dollar as global reserve currency has hollowed out America from within. In the full episode we break down: • Trump’s deliberate weak-dollar strategy • How U.S. Treasuries are being phased out at the top of the global system • Why deindustrialization has become a national security emergency • Gold & Bitcoin as America’s new neutral reserve assets • What this reset means for investors, markets, and American power. Watch here: Miles Franklin Precious Metals
8:45

“America can’t stay the global empire if it can’t make anything.” Luke Gromen says Donald J. Trump aims to rebuild American industry by intentionally weakening the dollar to make U.S. manufacturing competitive again and ensure national security - a controlled reset of the dollar designed to secure American dominance for the next century. This is a direct response to Triffin’s dilemma, where the very role of the dollar as global reserve currency has hollowed out America from within. In the full episode we break down: • Trump’s deliberate weak-dollar strategy • How U.S. Treasuries are being phased out at the top of the global system • Why deindustrialization has become a national security emergency • Gold & Bitcoin as America’s new neutral reserve assets • What this reset means for investors, markets, and American power. Watch here: Miles Franklin Precious Metals

Michelle Makori

77,825 views • 11 months ago

Did you hear what David Sacks said? He says with every digital dollar in a crypto wallet, there will be a traditional dollar in a U.S. bank account, creating trillions of dollars in demand for U.S. treasuries. OVERNIGHT This in a nutshell translates to A TON of people buying U.S. Treasuries. This matters because it could make the U.S. dollar even stronger and keep it the world’s top currency, while also making digital money safer and more legit. It’s like tying crypto to something solid, which could also help keep interest rates low.
1:21

Did you hear what David Sacks said? He says with every digital dollar in a crypto wallet, there will be a traditional dollar in a U.S. bank account, creating trillions of dollars in demand for U.S. treasuries. OVERNIGHT This in a nutshell translates to A TON of people buying U.S. Treasuries. This matters because it could make the U.S. dollar even stronger and keep it the world’s top currency, while also making digital money safer and more legit. It’s like tying crypto to something solid, which could also help keep interest rates low.

MJTruthUltra

396,652 views • 1 year ago

In 60 Days EVERYTHING changes for the U.S. Dollar & it's going to be wild In 60 days everything changes for the U.S. dollar — and no one’s talking about it. While the media obsesses over distractions, a massive financial shift is happening right under our noses. China just dumped U.S. Treasuries to the lowest level since 2008. President Trump is pressuring Fed Chair Jerome Powell to resign. Congress just banned CBDCs. And now? The U.S. dollar is officially going on the blockchain. This is Trump’s boldest move yet to save the dollar and secure its place as the global reserve currency — by embracing a U.S. dollar-backed stablecoin. In this video, we break down: 🔹 Why China is dumping U.S. debt 🔹 How Trump plans to kill the Fed’s power 🔹 What banning central bank digital currencies means 🔹 The U.S. dollar’s blockchain future — and stablecoins 🔹 The massive wealth transfer already underway 📺 Redacted
11:07

In 60 Days EVERYTHING changes for the U.S. Dollar & it's going to be wild In 60 days everything changes for the U.S. dollar — and no one’s talking about it. While the media obsesses over distractions, a massive financial shift is happening right under our noses. China just dumped U.S. Treasuries to the lowest level since 2008. President Trump is pressuring Fed Chair Jerome Powell to resign. Congress just banned CBDCs. And now? The U.S. dollar is officially going on the blockchain. This is Trump’s boldest move yet to save the dollar and secure its place as the global reserve currency — by embracing a U.S. dollar-backed stablecoin. In this video, we break down: 🔹 Why China is dumping U.S. debt 🔹 How Trump plans to kill the Fed’s power 🔹 What banning central bank digital currencies means 🔹 The U.S. dollar’s blockchain future — and stablecoins 🔹 The massive wealth transfer already underway 📺 Redacted

Paul White Gold Eagle

126,558 views • 1 year ago

🇺🇸 The current economic landscape is hard to analyze… Why? Because the catastrophic outcomes predicted before the conflict in Iran failed to materialize. Miles Franklin CEO Andy Schectman says the root of the ongoing global economic shift lies in the breakdown of trust, which has served as the foundation for the global system for over 50 years. This erosion of trust is driven by fiscal irresponsibility, monetary instability, and what much of the world perceives as hypocritical sanctions. Nations increasingly view U.S. actions such as the freezing of Russian assets and the invasion of Iraq under false pretenses as evidence that the current system is failing. Andy Schectman
1:29

🇺🇸 The current economic landscape is hard to analyze… Why? Because the catastrophic outcomes predicted before the conflict in Iran failed to materialize. Miles Franklin CEO Andy Schectman says the root of the ongoing global economic shift lies in the breakdown of trust, which has served as the foundation for the global system for over 50 years. This erosion of trust is driven by fiscal irresponsibility, monetary instability, and what much of the world perceives as hypocritical sanctions. Nations increasingly view U.S. actions such as the freezing of Russian assets and the invasion of Iraq under false pretenses as evidence that the current system is failing. Andy Schectman

Mario Nawfal

45,080 views • 21 days ago

🌍 THE SPLINTERING SYSTEM: THE END OF DOLLAR COLONIZATION The weaponization of the U.S. dollar has reached a breaking point. Prof Rogoff explains how the global financial system is "splintering" as nations in the Middle East and Latin America retreat from the dollar. What was once a system "colonized" by the U.S. is now a fractured landscape, and this war is only accelerating the decline of the petrodollar. Kenneth S Rogoff
2:11

🌍 THE SPLINTERING SYSTEM: THE END OF DOLLAR COLONIZATION The weaponization of the U.S. dollar has reached a breaking point. Prof Rogoff explains how the global financial system is "splintering" as nations in the Middle East and Latin America retreat from the dollar. What was once a system "colonized" by the U.S. is now a fractured landscape, and this war is only accelerating the decline of the petrodollar. Kenneth S Rogoff

Mario Nawfal

75,175 views • 4 months ago

Africa's Shift From The Dollar Has Begun Africa is slowly reducing its dependence on the U.S. dollar, and that is a strategic move toward greater economic sovereignty. For decades, African countries have paid billions in unnecessary conversion costs and remained exposed to decisions made by the U.S. Federal Reserve. By expanding trade in local currencies and the Chinese yuan, the continent is looking for more control over its own economic future.
3:03

Africa's Shift From The Dollar Has Begun Africa is slowly reducing its dependence on the U.S. dollar, and that is a strategic move toward greater economic sovereignty. For decades, African countries have paid billions in unnecessary conversion costs and remained exposed to decisions made by the U.S. Federal Reserve. By expanding trade in local currencies and the Chinese yuan, the continent is looking for more control over its own economic future.

The Spearhead

11,989 views • 14 days ago

The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER. We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy. They can go find another “sucker!” There is no chance that the BRICS will replace the U.S. Dollar in International Trade, and any Country that tries should wave goodbye to America. 🇺🇸 Donald J. Trump
1:29

The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER. We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy. They can go find another “sucker!” There is no chance that the BRICS will replace the U.S. Dollar in International Trade, and any Country that tries should wave goodbye to America. 🇺🇸 Donald J. Trump

🇧🇷 VLOGDOLISBOA

47,537 views • 1 year ago

There is so much to unpack here… times are changing FAST… Trump says we will now have Dollar-backed stablecoins, which are cryptocurrencies pegged to the value of the U.S. dollar, typically at a 1:1 ratio, to maintain price stability. They are backed by reserves of U.S. dollars or dollar-equivalent assets (like Treasury bonds) held by the issuer. Stablecoins will replace SWIFT, and now be used by Consumers, vendors, businesses, and banks all over the world for lightening fast, ultra-low transactions. The Genius act provides banks, businesses, and financial institutions a framework to issue crypto assets back 1:1 with real US Dollars, treasury bills, and other cash equivalents. He says BRICS wanted to take over the dollar, but is now dead! Dollar decentralization refers to the process of reducing reliance on the U.S. dollar as the dominant global currency for trade, reserves, and financial transactions. It involves diversifying away from the dollar toward other currencies, cryptocurrencies, or alternative financial systems to mitigate risks associated with U.S. monetary policy, sanctions, or economic instability. This will establish the US dollar as the world’s reserve currency for generations to come.
3:48

There is so much to unpack here… times are changing FAST… Trump says we will now have Dollar-backed stablecoins, which are cryptocurrencies pegged to the value of the U.S. dollar, typically at a 1:1 ratio, to maintain price stability. They are backed by reserves of U.S. dollars or dollar-equivalent assets (like Treasury bonds) held by the issuer. Stablecoins will replace SWIFT, and now be used by Consumers, vendors, businesses, and banks all over the world for lightening fast, ultra-low transactions. The Genius act provides banks, businesses, and financial institutions a framework to issue crypto assets back 1:1 with real US Dollars, treasury bills, and other cash equivalents. He says BRICS wanted to take over the dollar, but is now dead! Dollar decentralization refers to the process of reducing reliance on the U.S. dollar as the dominant global currency for trade, reserves, and financial transactions. It involves diversifying away from the dollar toward other currencies, cryptocurrencies, or alternative financial systems to mitigate risks associated with U.S. monetary policy, sanctions, or economic instability. This will establish the US dollar as the world’s reserve currency for generations to come.

MJTruthUltra

503,850 views • 1 year ago

The dollar's real backing stopped being gold a long time ago... It's TRUST, and we keep burning it. That line from Andy Schectman reframed our whole conversation. His argument: a system built on trust for 50 years is watching that trust erode every time treasuries get seized, countries get cut from SWIFT, and a trillion in new debt appears every few months. And the rest of the world is quietly building the exits. He pointed to real infrastructure, not theory. A new immediate-delivery gold and silver market in Dubai, the mBridge payment system, China's CIPS network signing up all of ASEAN, gold hubs expanding from Shanghai to Mumbai to Riyadh. None of it replaces the dollar tomorrow. All of it chips away. His bolder thesis is that Washington may actually WANT to shed reserve status, because Triffin's Dilemma means you can't rebuild a manufacturing base while the world hoards your currency. The fix he lays out runs through gold-backed treasury bonds, a weaker dollar, and debt that gets easier to pay as gold climbs. Andy Schectman
44:58

The dollar's real backing stopped being gold a long time ago... It's TRUST, and we keep burning it. That line from Andy Schectman reframed our whole conversation. His argument: a system built on trust for 50 years is watching that trust erode every time treasuries get seized, countries get cut from SWIFT, and a trillion in new debt appears every few months. And the rest of the world is quietly building the exits. He pointed to real infrastructure, not theory. A new immediate-delivery gold and silver market in Dubai, the mBridge payment system, China's CIPS network signing up all of ASEAN, gold hubs expanding from Shanghai to Mumbai to Riyadh. None of it replaces the dollar tomorrow. All of it chips away. His bolder thesis is that Washington may actually WANT to shed reserve status, because Triffin's Dilemma means you can't rebuild a manufacturing base while the world hoards your currency. The fix he lays out runs through gold-backed treasury bonds, a weaker dollar, and debt that gets easier to pay as gold climbs. Andy Schectman

Mario Nawfal

296,215 views • 21 days ago

🚨 THE DIGITAL SURVEILLANCE STATE IS ARRIVING — AND GOLD MAY BE THE EXIT My latest interview with Andy Schectman of Miles Franklin Precious Metals is one people need to hear. We covered the warning signs now appearing across the global system: • The dollar under pressure • Nations moving away from U.S. Treasuries • China accumulating gold and silver • Stablecoins, digital ID and programmable money • Cars becoming monitoring systems • The rising risk of being locked out of your own assets Andy’s message was stark: If your wealth is trapped inside a fully digital system, then it can be tracked, restricted, frozen or controlled. Gold and silver are not just investments. They are protection. They are independence. They are outside the digital cage. Watch this interview — and think carefully about what comes next. Miles Franklin Precious Metals Andy Schectman
53:31

🚨 THE DIGITAL SURVEILLANCE STATE IS ARRIVING — AND GOLD MAY BE THE EXIT My latest interview with Andy Schectman of Miles Franklin Precious Metals is one people need to hear. We covered the warning signs now appearing across the global system: • The dollar under pressure • Nations moving away from U.S. Treasuries • China accumulating gold and silver • Stablecoins, digital ID and programmable money • Cars becoming monitoring systems • The rising risk of being locked out of your own assets Andy’s message was stark: If your wealth is trapped inside a fully digital system, then it can be tracked, restricted, frozen or controlled. Gold and silver are not just investments. They are protection. They are independence. They are outside the digital cage. Watch this interview — and think carefully about what comes next. Miles Franklin Precious Metals Andy Schectman

Jim Ferguson

44,170 views • 2 months ago

Xi’s Dream of a Reserve Yuan Is Pure Fantasy. Xi Thinks the Yuan Can Replace the Dollar. It Can’t. From TikTok influencers to X pundits, everyone’s shouting about the death of the U.S. dollar and the rise of China’s yuan. But here’s the truth the headlines won’t tell you: trust, freedom, and transparency—not GDP—determine a global currency. And China fails all three.
9:11

Xi’s Dream of a Reserve Yuan Is Pure Fantasy. Xi Thinks the Yuan Can Replace the Dollar. It Can’t. From TikTok influencers to X pundits, everyone’s shouting about the death of the U.S. dollar and the rise of China’s yuan. But here’s the truth the headlines won’t tell you: trust, freedom, and transparency—not GDP—determine a global currency. And China fails all three.

Ken Cao-The China Crash Chronicle

23,212 views • 5 months ago

BRICS RUSSIA & CHINA MEETING 2025 IS EXPLOSIVE. -U.S. ARE TRYING TO REWRITE THE RULES OF THE GOLD AND CRYPTO CURRENCY MARKETS!! THESE TWO SECTORS ARE ALTERNATIVES TO THE GLOBAL FINANCIAL SYSTEM!! THIS IS THE RESPONSE FOR RAPID DECLINE IN TRUST OF THE U.S. DOLLAR. $XRP
1:10

BRICS RUSSIA & CHINA MEETING 2025 IS EXPLOSIVE. -U.S. ARE TRYING TO REWRITE THE RULES OF THE GOLD AND CRYPTO CURRENCY MARKETS!! THESE TWO SECTORS ARE ALTERNATIVES TO THE GLOBAL FINANCIAL SYSTEM!! THIS IS THE RESPONSE FOR RAPID DECLINE IN TRUST OF THE U.S. DOLLAR. $XRP

KINGVALEX

60,102 views • 10 months ago

Goldman Sachs CEO and former U.S. Treasury Secretary: Stablecoins will be “enormous” “You can use stablecoins to very effectively — particularly in small transactions; big transactions you use FedWire — to go from US dollar stablecoins to euros or yen or other things. I think it is enormous, and I think the stablecoin legislation is a big step in the right direction,” says former U.S. Secretary Treasury Steven Mnuchin. Goldman Sachs CEO David Solomon agrees: “Higher speed, less friction.” Both also agree that stablecoins are not a threat to the U.S. dollar, and will in fact strengthen it. Mnuchin explains: “If you have stablecoins that are backed by U.S. Treasuries, I don’t think the U.S. needs to issue its own stablecoin. I think you’re going to see enormous use cases for these.” “And enormous demand for the dollar over time,” Solomon adds. “To me, [stablecoins] strengthen the moat around the dollar and the dollar’s position as the global reserve currency.” Roughly 52% of all stablecoins live on Ethereum (~$163 billion). If you exclude Tron, Ethereum’s stablecoin dominance jumps to 71%. Source: Goldman Sachs (Mar 2026)
1:23

Goldman Sachs CEO and former U.S. Treasury Secretary: Stablecoins will be “enormous” “You can use stablecoins to very effectively — particularly in small transactions; big transactions you use FedWire — to go from US dollar stablecoins to euros or yen or other things. I think it is enormous, and I think the stablecoin legislation is a big step in the right direction,” says former U.S. Secretary Treasury Steven Mnuchin. Goldman Sachs CEO David Solomon agrees: “Higher speed, less friction.” Both also agree that stablecoins are not a threat to the U.S. dollar, and will in fact strengthen it. Mnuchin explains: “If you have stablecoins that are backed by U.S. Treasuries, I don’t think the U.S. needs to issue its own stablecoin. I think you’re going to see enormous use cases for these.” “And enormous demand for the dollar over time,” Solomon adds. “To me, [stablecoins] strengthen the moat around the dollar and the dollar’s position as the global reserve currency.” Roughly 52% of all stablecoins live on Ethereum (~$163 billion). If you exclude Tron, Ethereum’s stablecoin dominance jumps to 71%. Source: Goldman Sachs (Mar 2026)

Etherealize

36,404 views • 3 months ago

.Andy Schectman: The world is losing trust in the U.S.-led financial system and Iran has only accelerated that shift. From sanctions and tariffs to debt and SWIFT weaponization, countries are building alternatives: local-currency trade, CIPS, mBridge, and new gold hubs in Dubai, Singapore, Shanghai, Hong Kong, Moscow and Mumbai. “This is an extension of the erosion of trust that is permeating through the world and I don’t see it getting any better anytime soon,” Andy Schectman tells Mario Nawfal. Watch the full interview here:
6:01

.Andy Schectman: The world is losing trust in the U.S.-led financial system and Iran has only accelerated that shift. From sanctions and tariffs to debt and SWIFT weaponization, countries are building alternatives: local-currency trade, CIPS, mBridge, and new gold hubs in Dubai, Singapore, Shanghai, Hong Kong, Moscow and Mumbai. “This is an extension of the erosion of trust that is permeating through the world and I don’t see it getting any better anytime soon,” Andy Schectman tells Mario Nawfal. Watch the full interview here:

Miles Franklin Precious Metals

14,455 views • 14 days ago