How Stablecoins Are Cementing US Dollar Hegemony for Decades to Come

Or why America will never reindustrialise

and

Jun 24, 2025

∙ Paid

Treasury Secretary Scott Bessent's recent projection of a $3.7 trillion stablecoin market captures the transformative potential of stablecoins from an American perspective. His vision would drive massive demand for US Treasuries, lower government borrowing costs, and onboard millions globally to the dollar-based digital economy.

Nobody can dispute that t…

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