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The stablecoin time bomb hidden in Trump’s GENIUS act: Prepare for the next financial meltdown
(www.yanisvaroufakis.eu)
this post was submitted on 26 Jun 2025
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Economics
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The wealthy already have a much safer place to ride things out: US Treasury securities. That’s what their true purpose is. They’re not for funding the US government at all. Previously.
Crypto has the benefit of being a speculative market subject to manipulations. It allows for money to move in ways that the SEC and FINRA wouldn't allow otherwise. But you're not wrong.