tells<\/a> his 115,000 YouTube subscribers that stablecoins, or fiat-pegged digital assets, could save the US economy and reinvigorate demand for the top two crypto assets by market cap.<\/p>\nAccording to Green, stablecoins can help keep US interest rates lower, boosting money circulation in the economy.<\/p>\n
\u201cStablecoins are virtually instant \u2013 in other words, it means you can transfer inexpensively and very quickly. It\u2019s good for banks, it\u2019s good for individuals. Really, it\u2019s a revolution.\u201d <\/em><\/p>\nThe executive goes on to say that if the US can successfully create policies that boost dollar-pegged stablecoins, it would increase the rate at which people are buying US Treasury bills with fixed rates, which would drive down interest rates and increase demand for tech stocks, BTC and ETH.<\/p>\n
\u201cIt\u2019s in America\u2019s interest to try and drive down interest rates. [They are] pushing hard on producing stablecoins\u2026 Trump has his own family venture which is going to be launching stablecoins. JPMorgan, PayPal, you\u2019ve got many many different [firms], including Fidelity, that are producing or have produced stablecoins.<\/em><\/p>\n Okay, it\u2019s the future. So then if we take that as the future, what else does it mean? Well, we live in a digital world already. So obviously there are some stocks that gain in the digital world. They\u2019re fairly obvious \u2013 the ones that are in the tech industry will gain. If payments are faster, easier to be paid, then they gain. <\/em><\/p>\nBut also at the same time, not only does this create more innovation, it means that we\u2019re in a world where people will buy more Bitcoin, use more Ethereum. In general, stablecoins [will] actually settle in Ethereum [and] drive the price up.\u201d <\/em><\/p>\n