The shift from LIBOR (unsecured lending standard) to SOFR (secured lending standard tied to Treasuries and repo) strengthens dollar hegemony because secured systems reduce counterparty risk, and stablecoins backed by Treasuries further extend this secured framework globally.
causalpending
Speaker
Joseph WangEvidence Quote
“the standard has moved from an unsecured to a secured system... having a secured standard is something that could further strengthens, I think, the the role and asset's role as a reserve currency and and widespread use”
Source
The Secret To Maintaining Dollar Dominance | Joseph Wang & Austin Campbell LIVE @ DAS— Forward GuidanceCreated: 8/11/2026, 8:05:39 AM
My Notes
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