I feel that in the realm of cryptocurrencies, the unlimited minting of USDT is because there are buyers for it in the cryptocurrency market.
The Federal Reserve's unlimited manufacturing of dollars has no buyers. Why does the U.S. support cryptocurrencies so much?
It is because the dollars minted here have buyers; the funds are harvested back here, which is equivalent to exchanging other countries' money for dollars. On the way to other places, it seems like dollars are not printed, but in reality, they are being printed and creating dollars.
Do you all think this is the case?
