Bitcoin Boom Could Actually Strengthen The US Dollar
A top Washington-based Bitcoin researcher is turning the crypto debate on its head, arguing that $BTC growth reinforces, not undermines, American financial dominance.
Sam Lyman, research head at the Bitcoin Policy Institute, told Cointelegraph that because Bitcoin is most frequently traded against the US dollar, largely via Tether's $USDT, rising BTC adoption inherently boosts dollar-pegged stablecoin usage.
USDT itself holds short-term US government debt as reserves, tightening the loop between crypto markets and American fiscal instruments.
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