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Stablecoins Over CBDCs: Will Australia Follow the US Regulatory Drift?

  • Stablecoins have gained prominence as a secure alternative to traditional currencies.
  • During Trump's second term, stablecoins surged, replacing the declining altcoins market.
  • Stablecoin issuers' demand for US Treasuries could reduce the government's borrowing costs.
  • The stability and transparency of stablecoins make them a feasible option in global finance.
  • Australia may align with the US in regulating stablecoins for broader adoption in finance.

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