RE: The Week-End Market Vlog 🎙️📊 For Week Ending Friday July 18th! Talking Metals , Stocks & More!
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I was thinking... could be a dangerous thing...
This Genius law...
One of my take aways from this bill is requiring USDs to back up Stable coins 1:1. A cleaver way to create demand for the USD while BRICS countries are dropping USDs. For the short term DXY may indicate USD support but if the value of the USD inflates and the value resumes it plunge, there could be a possible severing of Stable coins from the USD down the road.
!PIMP
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