To me, this fundamentally alters the money supply creation for the US dollar. It moves it from the exclusion hands of the commercial banks (outside banknotes of course) to include stablecoin issuers.
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To me, this fundamentally alters the money supply creation for the US dollar. It moves it from the exclusion hands of the commercial banks (outside banknotes of course) to include stablecoin issuers.
How much these firms can issue stable cions?
Is there any gold, banknotes dollars issued by governments or any other thing have same value equale to stable coins issued?