Kathmandu. The next decade will be nothing short of a global economic war. America and China will fight each other to rule the world. Stable coins can play an important role in this battle. They will be used as weapons.
Deepak Garg, founder of logistics company Rivigo, has given this warning. According to Garg, the US is promoting stable coin by adopting crypto. This will increase u.S. Treasury (UST) demand and reduce bond yields.
Garg believes that the US can maintain the balance of financial power with China by revaluating its gold reserves and buying Bitcoin. “The next 8-10 years will be like war. China and the United States will fight over who will be the king of the world. ’
सुनको price hike just starts #
According to Garg, the price of gold is increasing due to increasing uncertainty. He believes this is just the beginning. The trade and technology war between the US and China is now turning into a ‘capital war’.
On social media, Garg asked, “Who will buy the US Treasury?” He sees a modern solution to this in Stable Coin.
Garg says, “America has a good solution in the form of stable coins. Stable coins are now the largest UST buyers. As stable coins grow, they will become the main buyer of UST.
व्यापार War Begins###inline_tags_PLACEHOLDER_9#
Experts argue that this is the reason why the US has adopted crypto. He said, “The adoption of crypto is increasing stablecoin. That’s why the U.S. is promoting crypto. Creating too many stable coins means buying more USTs and lower bond yields. ’
Garg is worried about 10- and 30-year-old US bond yields. According to him, it’s a lot. He believes that this could lead to a collateral rate crisis like in India. However, stable coins can provide a fast-growing solution. “All this has to happen quickly,” Garg warned, adding that the war had already begun. ’
Garg takes this point even further. “If the U.S. reassesses its gold reserves, it will find a trillion-dollar space on its balance sheet,” he said. This allows him to print multiple dollars and buy Bitcoin. ’
अमेरिकासँग 4 times more gold than China#inline_tags_PLACEHOLDER_9##
Garg pointed out the possibility that the US could control the bitcoin or gold ratio by selling parts of bitcoin. By doing this, the US can maintain the balance of financial power with China. “The UNITED States still has four times more gold than China. ’
“This is not new,” says Garg, an example of history. The Greek and Roman wars were fought for silver against gold, and needless to say, gold won. China’s last century was ruined by its obsession with silver.
Garg asked the last question, “Can Bitcoin win this war and can the US weaponize its gold reserves to keep its balance sheet in good condition?”
