“Sure, the stable coins that are tagged to the dollar don’t fluctuate”.
But it’s tagged to the dollar. If you wanted to make that nutty move, why not just tag your currency to the dollar and cut out the middleman?
Well they may have just lost 10% as per the article title. Being Brazil, they should create a crypto that’s pegged to the price of beef.
We (USA) are headed for a Regional Currency which will be dubbed the America’s (American) Dollar. That region will be imposed from Canada to Brazil. Everyone will sign on and have the same valuation in every country.
This American Dollar will replace the US Dollar (like the EURO).
Americans will be able to travel anywhere on these two continents both north and south, to work or vacation.
Essentially the replacement will be a DEFAULT, but masked by replacement one for one. Once the US Dollar is replaced all of the USA’s trade partners will get screwed by a replacement currency.
What we are seeing with Globalization is Russia and China getting their own economic zone.
We will see the Anglo’s possibly forming an economic zone spanning England, Assies, NZ.
The Nations of the pacific will form an economic zone.
India will have an economic zone of Influence.
Turkey is fighting now for control of a zone so as to not be swallowed up by Russia or the crumbling of NATO with Euro-land.
All the current moves of troops are this economic realignment happening right before our eyes.
Biden- the question is: Will he break up the USA into 5 regional zones within the USA under a UN mandate/plan or will he stand for our sovereign rights?