đStablecoin issuers have become the world's 18th largest holders of U.S. debt, surpassing Germany and South Korea! They now hold more than $120 billion in U.S. Treasury notes. đ€Ż
đźWith stablecoin legislation being the closest to becoming law in the U.S. Congress, it's a wild ride for the crypto world. Hopes are high for a new stablecoin law before the elections this year. đłïž
đDespite the U.S. government debt surpassing $34 trillion and growing, the crypto community remains optimistic. The national debt could reach $50 trillion by 2034, equaling 122% of annual economic output. đ
đ„łBut hey, who's counting? Maybe this is the push we need for widespread adoption of alternative assets like Bitcoin and gold. What do you think? Let's chat in the comments! đŹ #DeFi #Web3
Remember, if it's not about DeFi or Web3, it's a "no-go"! đ ââïž