The Chief Executive of Financial Advisory Reus Devere Group says that the approval of a certain activa class will increase the demand for both Bitcoin (BTC) and Ethereum (ETH).
In a new video update, Devere Group CEO Nigel Green tells His 115,000 YouTube subscribers that Stablecoins, or Fiat-Pegged digital assets, could save the US economy and endure the demand for the two crypto assets through market capitalization.
According to Green, Stablecoins can keep our interest rates lower, which stimulates the money circulation in the economy.
“Stablecoins are almost immediately – in other words, it means that you can transfer cheaply and very quickly. It’s good for banks, it’s good for individuals. Really, it’s a revolution.”
The executive power continues to say that if the US can successfully create the policy that dollar-pegged stablecoins encourages, this would increase the rate against which people buy American treasury drawings with fixed rates, which would lower the interest rates and increase the demand for technical shares, BTC and ETH.
“It is in the interest of America to try to lower interest rates. [They are] Pushing hard on producing stablecoins … Trump has his own family company that will launch Stablecoins. Jpmorgan, PayPal, you have many different different ones [firms]Including Fidelity, which produce or produce Stablecoins.
Okay, it’s the future. So if we consider that the future, what more does it mean? Well, we already live in a digital world. So there are clearly some shares that win in the digital world. They are pretty clear – those who are in the technical industry will win. If payments are faster, easier to pay, they win.
But also at the same time, this not only creates more innovation, it means that we are in a world where people will buy more bitcoin, use more Ethereum. Generally, Stablecoins [will] actually settle in Ethereum [and] Drive the price up. ”
https://www.youtube.com/watch?v=hjquiyoiwoq
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