First, let the US Treasuries be tied to the stablecoin and sold to the whole world. Finally, there will be a high-altitude explosion. One day, find an opportunity to say that the server room caught fire, causing panic.

In fact, this whole route is a genius design, which is how to make global payments more convenient with stablecoins. First, let everyone use it for free. This thing is too convenient, so we must first let everyone develop the habit of using it.

For example, like Circle, which is 100% tied to US Treasuries, a stablecoin can be tied to a US Treasury. This is truly genius. Then exchanging the stablecoin for US Treasuries means that, through this method, everyone in the world who holds this stablecoin is essentially helping the Americans bear the burden of US Treasuries. As long as it is used for transactions, it is equivalent to indirectly selling US Treasuries to the entire world.

This game is definitely going to get bigger and bigger, so how do you play with this thing?

One day suddenly causing a run, for example, Circle's servers or exchanges have some issues, US Treasury bonds suddenly plummet, and liquidity for exchange encounters problems.

Suppose a total of 40 trillion or 50 trillion USD worth of Treasury bonds have been sold through this stablecoin, and then self-direct a financial crisis.

At this time, everyone will be eager to exchange their stablecoins for USD, but Circle has already exchanged USD for US Treasury bonds. To give you money, they must first sell the Treasury bonds in the secondary market, convert it to USD, and then give it to you, but its own collateral is definitely insufficient.

Suddenly there is a disconnection, at this time 1 stablecoin can only be exchanged for 0.1 USD.

Finally, the US government itself comes out to say emergency rescue, allocating 400 billion to stablecoins, equivalent to spending 400 billion USD to buy several trillion USD worth of stablecoins.

At this time, you panic sell, and they buy in at a low level, the harvest ends, perfect.

This is the amazing layout of the Americans, to put it bluntly, this is robbery and fraud, it is not wealth management at all. The essence is using high intelligence backed by compliance to completely crush the low intelligence of compatriots around the world.

Just grab it after you enter the game.

The above content is for entertainment purposes only and does not constitute any investment advice.#稳定币法案 #美联储FOMC会议