Thomas D'Eletto’s Post

BRICS Stablecoin on the Horizon? BRICS countries are exploring a stablecoin for seamless cross-border trade and financial collaboration. Exciting times ahead? What's your opinion? #BRICS #Stablecoin #Crypto #Finance #Collaboration https://lnkd.in/dVWqMk-r

🔒 Michael Barr, a high-ranking official at the US Federal Reserve, is concerned about the growing use of unregulated stablecoins pegged to the dollar. This could pose risks to financial stability, monetary policy, and the US payment system. Stablecoins like USDT and USDC have gained popularity since 2014, with USDT having a market cap of over $83 billion. ㅤㅤㅤ 💰 Stablecoins are minted by private entities and are influenced by demand. The higher the demand, the more stablecoins are issued. Barr suggests that stablecoin issuers should be under the direct supervision and authority of the Fed, similar to how banks are regulated. This would give the central bank control over stablecoin issuers. ㅤㅤㅤ 📊 USDC is the second most valuable stablecoin in the top 10, worth more than Cardano and Tron. While stablecoins are deployed on public blockchains, the lack of direct regulation is a concern for Barr. The collapse of the Silicon Valley Bank in March briefly affected the peg of USDC. ㅤㅤㅤ #FederalReserve #Stablecoins #FinancialStability #Regulation For more information: https://lnkd.in/deqUpv2E ---

🗝️💠THE KEY TO THE FUTURE RESET: TOKENIZED TREASURIES 🔮 🧠ATTENDING FUTURIST CONFERENCE this week here in Toronto, a presenter from VirgoCx flashed this chart [image] on the screen. Brainstorm! ✍️IT DAWNED ON ME: the USA can reset the debt clock by T O K E N I Z I N G debt issuance. Run-off the Fed balance sheet of old CUSIPs (orphaned abroad). Ask a FR bank what they intend to do with their stash of eurodollars 😮 🔆TRAD-FI (traditional finance) is starting to collide with De-Fi and there are mechanisms emerging to leave behind debts of the old system.👋🏻 🦤EURODOLLARS HELD by EU banks are a case in point. One way, no return and do not pass "go". Notice the lack of news around swap-lines lately? 👜 HODLERS of old school T paper as digital assets rise 🏹 Take a look at the reversal of 2/10 T inversion over the last week. 10Y yield is up over 4.3% 🙋🏻♂️ ➡AS WE WILL HEAR NEXT WEEK, tokenization is a key technology to reset the table for a new global blockchain eBond market and associated monetary system. BRICS pins trade settlement hopes on it. More below in comment. #blockchain #treasury #eTreasuries #cbdc #FedCoin #FedNow #eurodollars #euro #derivativestrading #Brazil #russia #china #india

The rise of stable tokens presents America with an excellent opportunity to strengthen the dollar as the global reserve currency. But will US politicians instead see them as a threat that requires over-regulation? Nic Carter provides a great overview of the differing perspectives. What are your thoughts? #stabletokens #crypto #regulation #dollarisation https://lnkd.in/eWVkiEhU

CBDCs could have disastrous consequences for the global financial system, eroding purchasing power and increasing censorship, warns Bitcoin analyst Josef Tětek. Fiat currencies have a long history of failing, with hyperinflation and erosion of purchasing power being common outcomes. Governments pursuing CBDCs are seeking to maintain control over the financial system, limiting individual freedoms and forcing citizens to depend on the state. #CBDCs #FiatCurrency #FinancialSystem

At #TOKEN2049 Arthur Hayes Advocates Bitcoin Over Bonds and Gold. At the recent Token2049 conference in Dubai, Arthur Hayes, the co-founder of BitMEX, shared insightful views on the future of finance, emphasizing Bitcoin's edge over traditional assets like bonds and gold. Hayes pointed out the consistent expansion of central banking balance sheets across major economies including the US, China, and Japan. His analysis comes at a time when real yields are set to remain negative, a trend managed by the US Fed and Treasury to facilitate borrowing at lower rates. Here's why Haye's recommends Bitcoin over Gold: -Transportability: Unlike gold, Bitcoin is digital and easy to carry. -Security: Governments have seized gold in the past; Bitcoin's digital nature makes this impossible. -Appreciation Potential: Despite recent gains, Hayes believes Bitcoin's upward trajectory is far from over. He has even previously predicted Bitcoin to reach towards $750,000 in the next few years. Hayes criticized the artificial GDP numbers often released by governments, suggesting that they are merely tools to placate the public. He advocates for Bitcoin as a more reliable and future-proof asset, especially in times of questionable monetary policies. As monetary policies remain unchanged, Hayes encourages embracing Bitcoin, emphasizing its potential to exceed expectations and continue appreciating beyond the $100K mark. What’s your take on holding Bitcoin vs Bonds vs Gold?

Is the volatility of last week behind us? And have digital currencies found their way back to an upward trajectory? Find out in this edition of Bitvavo Market News ➡ https://lnkd.in/dpey4A28 #Bitvavo #Market #News

ZugTimes: Discover how Bitcoin offers financial stability and freedom to countries facing inflation and economic challenges #bitcoin #decentralizedcurrency #economiccrisis #economicresilience #financialfreedom #financialstability #globalimpact #hyperbitcoinization #inflation #troublednations #zugtimes

Could #bitcoin emerge as a world reserve currency amid global conflict and economic instability? There's a precedent. Heath Muchena https://lnkd.in/dWseNSdy #cryptocurrencies #defi #globaleconomy #decentralisedfinance