Regarding the recent crazy promotion of stablecoins by the United States, from Trump to various levels of government, I have already tweeted multiple times about the extension of the US dollar hegemony, which uses stablecoins to attract global virtual currency users to issue bonds without paying interest, thus realizing that I owe you 1 yuan, but you don't know that I owe you 1 yuan, and I don't need to pay interest for you. Who should have paid the interest that should have been paid? Being taken away by stablecoin issuers, namely Trump and various levels of government, that is, the United States issuing its own bonds, using stablecoins to allow global users to buy bonds without having to repay them, and can also earn interest from its own bond issuance. This business model of self production and self sales without capital and profit is too awesome. The CEO of Coinbase tweeted today and analyzed this matter, but it is naive to expect the US government to pay interest to stablecoin holders. Where does this interest come from? It's just the interest on US Treasury bonds, it's too naive to let them spit out what they've already eaten and share it with the general public. It's harder to scoop out the cake from Trump's mouth than to scoop out the coconut chicken from Sun Yuchen's mouth. Oh, by the way, Sun Yuchen is still Trump's advisor, a strong alliance 🤣 However, from another perspective, for ordinary users, this matter actually has little impact and is even a good thing. After all, stablecoins have always had the property of sucking blood. Previously, they were sucked by private companies, and now they are sucked by the US government. Whoever sucks is not sucking, so the risk of the US sucking at least some landmines is still relatively small