Crypto Czar David Sacks Sees Stablecoins Creating ‘Trillions’ In Demand For Treasuries
Now it becomes clear why President Trump signed an Executive Order banning the Federal Reserve from issuing Central Bank Digital Currency (CBDC). Arch-Technocrat David Sachs, Trump’s appointed czar of Crypto and AI, is side-stepping the Fed to create a stablecoin payment system to be used in States and the Treasury.
According to monetary experts, Sachs’ statement positions stablecoins as a monetary policy tool specifically to:Counter de-dollarization efforts by BRICS nations
Maintain
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