The Pomp Letter
The Pomp Letter
Stablecoins Holding Treasuries Signifies New Paradigm
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Stablecoins Holding Treasuries Signifies New Paradigm

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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…

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