Minsheng Securities: It is difficult for stablecoins to solve the dollar credit crisis in the short term.

[Bitpush] Minsheng Securities released a research report stating that at least in the short term, stablecoins cannot save the dollar's credit from peril. The problem with the dollar lies in clarifying the counterparty; without considering the preferences of the United States and the public, just the official reserves overseas might be enough to keep the dollar on edge. The difference between stablecoins and gold is that, firstly, its supply may also be uncontrollable, lacking an objective constraint mechanism; secondly, it is not globally recognized as a reliable reserve asset.

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FrogInTheWellvip
· 07-02 07:13
Gold is the hard truth.
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BoredRiceBallvip
· 07-01 12:17
Stablecoins are too difficult, right?
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ReverseFOMOguyvip
· 06-30 17:27
The US dollar is still going against the trend.
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UncommonNPCvip
· 06-30 14:50
That's very reasonable.
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DeFiChefvip
· 06-29 08:48
It is difficult for reserve assets to bail-in.
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fomo_fightervip
· 06-29 08:47
It's outrageous, I've lost a lot.
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EyeOfTheTokenStormvip
· 06-29 08:42
The stablecoin will eventually collapse.
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FOMOmonstervip
· 06-29 08:41
Stablecoins are ultimately unstable.
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BlockchainThinkTankvip
· 06-29 08:37
Involution will eventually spiral out of control.
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PerennialLeekvip
· 06-29 08:30
It's a cliché point.
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