Saifedean examines whether growing stablecoin demand can reduce price inflation & help US fiscal solvency. He focuses on often-overlooked trade-offs: lost seigniorage, displaced long-term Treasury demand & bank credit, & more fragile short-term funding & rollover risk.

Marina Azzimonti and Vincenzo Quadrini — Digital Assets and the Exorbitant Dollar Privilege

 Marina Azzimonti and Vincenzo Quadrini — Digital Economy, Stablecoins, and the Global Financial System

 Stephen Miran — A Global Stablecoin Glut: Implications for Monetary Policy

 Rashad Ahmed and Iñaki Aldasoro — Stablecoins and Safe Asset Prices

 Congressional Budget Office — How Changes in Economic Conditions Might Affect the Federal Budget: 2026 to 2036

 Saifedean Ammous — Bitcoin & Tether: Drinking the Dollar Milkshake — Bitcoin 2025

 Treasury Borrowing Advisory Committee — Report to the Secretary of the Treasury

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