RWATimes.io on Nostr: 📰 Trump has normalized crypto. Is it the path to the next financial collapse? ...
📰 Trump has normalized crypto. Is it the path to the next financial collapse?
🗓️ Jul 18 2026 10:00 UTC - Eduardo Porter
Cheerleading by the president, who made $1.2bn last year off uninsured currency, does not bode well for US economy
➤ The article criticizes Donald Trump's alleged normalization of cryptocurrency, particularly stablecoins, suggesting it poses a significant risk to the U.S. economy.
➤ It highlights concerns about the lack of FDIC insurance for stablecoins, potential for 'bank runs,' and the risk of issuers investing in riskier assets, drawing parallels to past financial crises.
➤ The author advocates for a government-issued digital dollar as a safer alternative to private stablecoins, which would avoid the profit motives of individuals like Trump.
#donaldtrump #crypto #stablecoin #financialcollapse #geniusact #clarityact #federalreserve #digitaldollar #regulation #risk
🔗 Read more at:
https://rwatimes.io/articles/theguardian-trump-has-normalized-crypto-is-it-the-path-to-the-next-financial-collapse-2725768544Published at
2026-07-18 14:27:31 CESTEvent JSON
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"content": "📰 Trump has normalized crypto. Is it the path to the next financial collapse?\n🗓️ Jul 18 2026 10:00 UTC - Eduardo Porter\n\nCheerleading by the president, who made $1.2bn last year off uninsured currency, does not bode well for US economy\n\n➤ The article criticizes Donald Trump's alleged normalization of cryptocurrency, particularly stablecoins, suggesting it poses a significant risk to the U.S. economy.\n➤ It highlights concerns about the lack of FDIC insurance for stablecoins, potential for 'bank runs,' and the risk of issuers investing in riskier assets, drawing parallels to past financial crises.\n➤ The author advocates for a government-issued digital dollar as a safer alternative to private stablecoins, which would avoid the profit motives of individuals like Trump.\n\n#donaldtrump #crypto #stablecoin #financialcollapse #geniusact #clarityact #federalreserve #digitaldollar #regulation #risk\n\n🔗 Read more at: https://rwatimes.io/articles/theguardian-trump-has-normalized-crypto-is-it-the-path-to-the-next-financial-collapse-2725768544",
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