{"id":8781,"date":"2026-04-29T07:10:05","date_gmt":"2026-04-29T07:10:05","guid":{"rendered":"https:\/\/acudc.com\/?p=8781"},"modified":"2026-04-29T07:17:03","modified_gmt":"2026-04-29T07:17:03","slug":"could-stablecoins-become-the-new-eurodollars","status":"publish","type":"post","link":"https:\/\/acudc.com\/th\/could-stablecoins-become-the-new-eurodollars\/","title":{"rendered":"Could stablecoins become the new eurodollars?"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"8781\" class=\"elementor elementor-8781\">\n\t\t\t\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-624d676d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"624d676d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b01699e\" data-id=\"5b01699e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-309872b elementor-widget elementor-widget-image\" data-id=\"309872b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"749\" height=\"428\" src=\"https:\/\/acudc.com\/wp-content\/uploads\/2026\/04\/News0429.03.png\" class=\"attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/acudc.com\/wp-content\/uploads\/2026\/04\/News0429.03.png 749w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/04\/News0429.03-300x171.png 300w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/04\/News0429.03-18x10.png 18w\" sizes=\"(max-width: 749px) 100vw, 749px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d5cd177 elementor-widget elementor-widget-text-editor\" data-id=\"7d5cd177\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Image by Ledger Insights<\/p><p>For some time there\u2019s been talk of stablecoins replacing eurodollars, but the discussion has accelerated with the new Trump administration. In one of his executive orders, he promoted the idea of dollar stablecoins being used \u2018worldwide\u2019. It\u2019s likely the motivation is more about increasing the stock of stablecoins to ramp up demand for US Treasuries, and hence lower the cost of the United States\u2019 enormous borrowing, as stated by crypto czar David Sacks.<\/p><p>The term \u2018eurodollar\u2019 refers to any dollar bank deposits held offshore, not just in Europe. It\u2019s a massive market worth around $13 trillion in 2023. At one point it was a figure larger than deposits held in the United States, but the money printing during Covid meant that onshore deposits grew faster.<\/p><p>A key feature of eurodollar payments is that two European banks exchanging dollars with each will clear the payment via a correspondent bank in the United States. Given stablecoins can support direct payments, cutting out the intermediary, the appeal is the potential reduction in friction and cost.<\/p><p>Retrieved from:\u00a0<a href=\"https:\/\/www.ledgerinsights.com\/former-cftc-chair-massad-critiques-house-stablecoin-legislation\/\"><u>https:\/\/www.ledgerinsights.com\/former-cftc-chair-massad-critiques-house-stablecoin-legislation\/<\/u><\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Image by Ledger Insights For some time there\u2019s been talk of stablecoins replacing eurodollars, but the discussion has accelerated with the new Trump administration. In one of his executive orders, he promoted the idea of dollar stablecoins being used \u2018worldwide\u2019. It\u2019s likely the motivation is more about increasing the stock of stablecoins to ramp up &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/acudc.com\/th\/could-stablecoins-become-the-new-eurodollars\/\"> <span class=\"screen-reader-text\">Could stablecoins become the new eurodollars?<\/span> Read More &raquo;<\/a><\/p>","protected":false},"author":8,"featured_media":8766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[15,9],"tags":[73],"_links":{"self":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/8781"}],"collection":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/comments?post=8781"}],"version-history":[{"count":4,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/8781\/revisions"}],"predecessor-version":[{"id":8785,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/8781\/revisions\/8785"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/media\/8766"}],"wp:attachment":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/media?parent=8781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/categories?post=8781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/tags?post=8781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}