- Anthony Pompliano thinks turning to stablecoins could help the U.S. solve its debt crisis.
- The U.S. debt is not only getting bigger but is doing so at a faster rate.
- Stablecoin issuers use acquired deposits to earn yield by converting them into treasuries.
Anthony Pompliano, known for his outspoken views on Bitcoin, suggests stablecoins could address the escalating U.S. debt crisis by providing a reliable and expanding source of demand for U.S. treasuries.
Pompliano outlined the reasons behind his belief during an interview with Phil Rosen, co-founder of Opening Bell Daily.
Can stablecoins help solve the US debt crisis?I sat down with Opening Bell's @philrosenn to answer his questions on this topic.
I did my best to lay out various perspectives. Let me know what you think.
Full episode on X.
LISTEN: https://t.co/km5PSr7G2f pic.twitter.com/jOukTVBHC1
— Pomp (@APompliano) June 25, 2024
Pompliano emphasized the factors contributing to the U.S. debt crisis, including the acceleration of the debt value. According to the investor, the U.S. debt is not only growing but is doing so at an increasingly rapid pace. This raises complications regarding who will pu…
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