https://video.nostr.build/1917377caa626e0133c0635c4528ef59c2349fe730d8b1b89e62e70b88bc82dd.mp4

Some people can’t see past US dollar hegemony, and can understand stablecoins through that lens, while missing bitcoin entirely.

They are simply addressing the immediate problem - propping up treasury demand. They have to get through the next 24 months of rolling over existing debt.

no, I don't think you're missing something - it's worse: you understand it.

Front-loaded with rolling t-bills. https://blossom.primal.net/abc806c57abb17325f96fae17805acb7de41d47554ef0a0f170558604506120a.png

If your system is predicated on not allowing an externality, would you point out the externality that negates all of your base premises?

What you might be missing is the Stable-coin characteristic that allows for their confiscation by (((them))) ... or by one of their many Sheople minions.