Let me tell you why the U.S. urgently needs a big crypto bull market!
Many people think that the U.S. is now embracing the crypto industry—it’s just that Trump supports crypto, that’s all.
I think the事情 behind it might be bigger.
The U.S. owes too much money, and it needs the rest of the world to keep buying dollar assets.
But the problem is:
Who is going to buy?
One of the answers is probably the crypto world.
The logic is actually very simple.
When you enter the crypto world, don’t you often first buy USDT and USDC?
What are these stablecoins?
In plain terms, it’s dollars on the blockchain.
After stablecoin issuers get a large amount of dollars, a considerable portion of their reserves is then allocated to highly liquid assets such as U.S. short-term Treasury bills.