Trump’s Crypto Time Bomb: His team's plan to game stablecoins as part of the twofold strategy to devalue the dollar while bolstering its hegemonic role. The strategic thinking and the gigantic risk behind a seemingly inarticulate economic plan. unherd.com/2025/03/trum... - ThreadSky

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yanisvaroufakis.bsky.social • 1 day ago

Trump’s Crypto Time Bomb: His team's plan to game stablecoins as part of the twofold strategy to devalue the dollar while bolstering its hegemonic role. The strategic thinking and the gigantic risk behind a seemingly inarticulate economic plan. https://unherd.com/2025/03/trumps-crypto-time-bomb/

Comments

neazil.bsky.social•1 day ago

📌

thedanglybits.bsky.social•16 hours ago

📌

vasthan.bsky.social•1 day ago

Yanis, you connected the dots for me. Makes sense.

volkermielke.bsky.social•1 day ago

Certainly Trumps dream in particular his own World Liberty stable coin in mind.

But what should be the incentive for other states to exchange their yield bearing USD into a non yielding USD-Stablecoin.
Not convinced.

harryanna.bsky.social•1 day ago

Tariffs

anthonymugan.bsky.social•1 day ago

Presumably this would also mean the dollar was kept artificially lower, creating a competitive advantage and impoverishing other countries? In that sense a similar effect as the Euro has had on southern Europe?

forthytwo.bsky.social•1 day ago

Pay attention people: this is not just a coup on democracy, it’s also one of the greater heist in history!

isabella-cortese.bsky.social•1 day ago

just don't buy USDT USDC or other USD+xzy coins, nor EURC or similar EU stable coins. Or any "crypto" for that matter.
I would advise to hold some bitcoin, however.

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