Stablecoins of America

•  1. Once upon a time, everyone trusted the USA.
• 2. The USA is spooking smart-money, and while smart-money isn't dumping all their US assets, they're definitely dumping some in order to diversify out of USTs.
• 3. The Trump administration's stablecoins-of-America policy is simply a device to harvest dumb-money liquidity so that smart-money can exit first.
• 4. This doesn't mean that crypto is going to crash right away - in fact, it can't, otherwise the smart-money can't exit completely.
• 5. Play the players, and get your money off the table, while you can.