The Pomp Letter
The Pomp Letter
Stablecoins Holding Treasuries Signifies New Paradigm
0:00
Current time: 0:00 / Total time: -2:27
-2:27

Paid episode

The full episode is only available to paid subscribers of The Pomp Letter

Stablecoins Holding Treasuries Signifies New Paradigm

To investors,

It is easy to think of the traditional financial system and the bitcoin/crypto system as two separate systems. There is increasing evidence that we should update our mental model on this idea though.

Will Clemente tweeted yesterday “At $120 billion in total market cap today, stablecoins are currently the 16th largest "sovereign holder" of US…

This post is for paid subscribers

The Pomp Letter
The Pomp Letter
Pomp's daily newsletter analyzing the business, finance, and technology industries. Join 260,000 subscribers by signing up below.