Imagine money that's like digital cash, but not controlled by a bank! That's a stablecoin, like Tether. Some people want to ban non-US stablecoins from the US. This article explains why that might be a bad idea.
- Stablecoins like Tether are popular outside the US.
- Many people use them because they don't trust their own governments.
- Banning them could make the US dollar weaker and cause prices to rise.
- It could also give other countries a chance to create their own digital money.
Thing | Info |
---|---|
Tether | Popular stablecoin, might lose users if banned |
US Dollar | Could become less powerful if stablecoin ban happens |
Inflation | Prices might go up if too much money comes back to the US |