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The Nexus
BUSINESSMay 12 · 17:05 UTCR/CRYPTOCURRENCY/u/tractorix

UK Joins France in Voicing Against US Stablecoins, Here's the Real Reason

The UK and France are voicing concerns against US stablecoin standards, citing potential economic instability. The US has a total debt of almost $40 trillion, which could lead to hyperinflation if not managed properly. This concern is driven by the possibility of the US government printing more dollars to service its debt.

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