TechFlow News, August 23 — Ryan Selkis, founder of Messari, tweeted suggesting going long on USDC and short on the dollar. He argued that stablecoins built by the cryptocurrency industry represent our way of exporting the U.S. dollar, whereas federal currency programs from large governments are how we lose to China and undermine the dollar's reserve status. Dollar-backed stablecoins strongly support both the United States and the U.S. dollar.
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