Will stablecoins herald a broader-based dollarization? - Marginal REVOLUTION
marginalrevolution.com/marginalrevolution/2025/02/will-stablecoins-herald-a-broader-based-dollarization.html
What Jamie wrote
The potential to use US dollar backed tokens like USDC on existing blockchains is incredibly powerful. All of this tech exists and has been in use for years now. If we got to a point where it was well regulated and remove legal questions it could be a huge economic unlock. This is all independent of the price of Bitcoin or Ethereum mind you. Just think of it as modern banking for the existing USD uses.
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