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Boop.Fun leading the way with a new launchpad on Solana.
It's not 1971.
It's 2025.
Stablecoins are the new mechanism to amplify the network effect of the dollar + generate a (decentralized) new global buyer of US debt.
55% of the stablecoins are on the Ethereum Network.
What does it all mean for ETH holders?
Link to the Q2 edition of The ETH Report and supporting @Dune dashboard below 👇
Jul 21, 23:13
Bessent is Kissinger.
Trump is Nixon.
Stablecoins are the new "petro dollar."
Tether is the new Saudi Arabia.
We just entered a new regime. A new "magic trick" — one designed to amplify the network effect of the dollar and decentralize the holder base of U.S. debt.
It's not a "Mar-a-Lago accord"
It's called the GENIUS Act
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I wrote about this last week for readers of @the_defi_report
If you'd like to check out the latest research, you can so via the link below 👇
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