https://tankie.tube/videos/watch/b1238260-e401-44ea-b52b-8436cf1463b2 Last year, global trade settlements using stablecoins totaled a staggering $27 trillion dollars. Over 80% of this volume was handled via Tether, a US-dollar based stablecoin that is favored by users and banks outside the United States. Tether is now the 7th largest purchaser of US Treasury securities, which are necessary to maintain its dollar peg. But the company is so profitable, that it is diversifying into gold, Bitcoin, and alternative investments, which are gaining value in US dollar terms. The BRICS countries have established Hong Kong as the most important financial center in their new system, while HK's banks also serve as a conduit between China's factory sector and the rest of the world. The new BRICS economy, ironically, still uses dollars as the primary medium of exchange between member countries, while completely bypassing the US and SWIFT-regulated financial systems. American policymakers are racing to bring this new system under US regulation and oversight, but avoiding such oversight is the reason crypto exists in the first place. Closing scene, Shexian, Anhui province Resources and links: ICB, China isn't dumping dollars. They're dumping banks, and setting up a new financial system. https://www.youtube.com/watch?v=DnzuR-kog-w&feature=youtu.be ICB, Bitcoin and the BRICS will make Hong Kong the biggest financial center in the world https://www.youtube.com/watch?v=F2ndEexfgTo Visual Capitalist, Largest trading partners of the US https://www.visualcapitalist.com/largest-trading-partners-of-the-us/ Barrons, Stablecoin Bill Set to Pass Senate. What It Means for Crypto. https://www.barrons.com/articles/stablecoin-crypto-legislation-senate-bill-genius-act-21d684cf Tether is back on Bitcoin – Lightning Dominance Is Just Starting https://bitcoinmagazine.com/takes/tether-is-back-on-bitcoin-lightning-dominance-is-just-starting Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says https://cryptoslate.com/tether-to-issue-separate-stablecoin-for-u-s-despite-getting-comfortable-with-the-genius-act-ceo-says/ Tether Hits $13 Billion Profits for 2024 And All-Time Highs in U.S. Treasury Holdings, USD₮ Circulation, and Reserve Buffer in Q4 2024 https://tether.io/news/tether-hits-13-billion-profits-for-2024-and-all-time-highs-in-u-s-treasury-holdings-usdt-circulation-and-reserve-buffer-in-q4-2024-attestation/ Tether’s US treasury holdings surpass Canada, Taiwan, ranks 7th globally https://cointelegraph.com/news/tether-becomes-7th-largest-us-treasury-holder-stablecoin-growth Tether adds 8,888 Bitcoin in Q1 as holdings exceed $8.4B https://cointelegraph.com/news/tether-buys-bitcoin-q1-2025-holdings-top-8-billion Bloomberg, Banks Want In on Tether’s Billions in Stablecoin Profits https://www.bloomberg.com/news/articles/2024-12-28/banks-want-in-on-tether-s-billions-in-stablecoin-profits Banks want in on Tether’s billions in stablecoin profits https://fortune.com/crypto/2024/12/28/banks-tether-usdt-billions-stablecoin-profits-blockchain-crypto/ Bitcoin Magazine, Saifedean Ammous: “Nothing Stops This Train” – Tether, Bitcoin, and the Endgame for the Dollar https://bitcoinmagazine.com/news/saifedean-ammous-nothing-stops-this-train-tether-bitcoin-and-the-endgame-for-the-dollar What You Need To Know About Incoming Stablecoin Legislation https://www.arnoldporter.com/en/perspectives/advisories/2025/06/incoming-stablecoin-legislation-stable-and-genius-acts Forbes, The GENIUS Act Is A Good Start, But Congress Could Make It Smarter https://www.forbes.com/sites/digital-assets/2025/06/04/the-genius-act-is-a-good-start-but-congress-could-make-it-smarter/ SCMP Explainer | What is the Genius Act, and can it really cement US dollar supremacy? https://www.scmp.com/economy/global-economy/article/3312901/what-genius-act-and-can-it-really-cement-us-dollar-supremacy Chinese pay attention to numbers when considering home purchases https://list.juwai.com/news/2023/12/chinese-pay-attention-to-numbers-when-considering-home-purchases 9 things Chinese look at when property hunting https://list.juwai.com/news/2015/10/9-things-chinese-look-at-when-property-hunting Home Prices That Include The Lucky Number 8 Appeal To Chinese Buyers https://www.probuilder.com/home/article/55209559/home-prices-that-include-the-lucky-number-8-appeal-to-chinese-buyers Superstitious Chinese Willing To Pay For Lucky Address: Vancouver Study https://www.huffpost.com/archive/ca/entry/superstitious-chinese-willing-to-pay-for-lucky-address-vancouve_n_5038053 SCMP, As stablecoin bill advances in Hong Kong legislature, advocates trumpet its many uses https://www.scmp.com/business/banking-finance/article/3292287/stablecoin-bill-advances-hong-kong-legislature-advocates-trumpet-its-many-uses Wed, 08 Apr 2026 22:36:22 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://tankie.tube https://tankie.tube/lazy-static/avatars/3ba3ff73-a8b6-49c9-add8-9653ef090c7f.webp https://tankie.tube/videos/watch/b1238260-e401-44ea-b52b-8436cf1463b2 All rights reserved, unless otherwise specified in the terms specified at https://tankie.tube/about and potential licenses granted by each content's rightholder.