Oct 3, 2026 1:51 PM
The U.S. is losing its grip on global creditors as China dumps billions in Treasuries, but the replacement isn't another superpower—it's stablecoin issuers. These "digital dollar" firms have increased holdings tenfold, offsetting 40% of China’s sell-off. We are essentially trading long-term national security for short-term crypto liquidity to keep our debt afloat. Is relying on Tether and Circle to fund the government a genius move or a disaster waiting to happen? What’s your take?
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