The truth about the US launching a stablecoin bill, it turns out, is still "debt conversion"

Previously, the major holders of US debt were central banks and sovereign funds of various countries, but now, these big players are no longer buying, and are even quietly reducing their holdings, shifting instead to gold
No one is filling the multi-trillion dollar gap, what to do? The answer is: use blockchain technology to let retail investors worldwide take over, represented by stablecoins like USDT and USDC

Many people think they are a safe haven, but in fact, they are a dust collector set up by the US dollar at the bottom of the internet to find a sucker:
1. Fragmentation: Previously, big players would buy tens or hundreds of billions of dollars at a time, but now, stablecoin issuers break down and package these US debts, selling them to hundreds of millions of retail investors worldwide, while also increasing dollar penetration and avoiding foreign exchange controls
2. Precise absorption: As long as you hold stablecoins and participate in the so-called wealth game, you are actually using your private liquidity to help resolve sovereign debt risks
This is very similar to the 2008 financial crisis: big players exit, retail investors crowdfund to fill the gap
And if all the chips of any asset end up in retail investors' hands, they are basically the last ones holding the bag, and you know how it ends