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Post #534
@beyond_crypto_uk
Beyond Crypto Worldwide
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🇺🇸U.S. Treasury Department believes that Stablecoins should be replaced by CBDCs The main reason is that issuers of stablecoins have invested about $120bn in US securities and have become a driver of the popularity of US Treasury bonds. For example, a collapse of the USDT could lead to a massive sell-off of Treasuries, thus triggering a global catastrophe. The US can't let that happen. Beyond Crypto