Ray Dalio, founder of Bridgewater Fund, wrote today about stablecoins and cryptocurrencies, and his core ideas include:
1. It is not believed that deregulation of cryptocurrencies will threaten the status of the US dollar as a reserve currency, but the bad debt situation of the US dollar and other reserve currency governments has affected their attractiveness as a reserve currency and store of wealth, which has been one of the factors driving the price of gold and cryptocurrencies.
2. It is not believed that stablecoins' exposure to Treasuries poses a systemic risk. A decline in the real purchasing power of Treasuries is the real risk, and if stablecoins are well regulated, this should not create any systemic risk.
3. Cryptocurrences are now an alternative currency with a limited supply, so if the supply of dollars increases and/or demand for them decreases, all things being equal, this could make cryptocurrencies an attractive alternative currency.
The founder of Bridgewater Fund: The bad debt situation of the US dollar has indirectly promoted the price of gold and cryptocurrencies
2025-09-03 02:34:37
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
桥水基金创始人：美元的不良债务状况间接推动了黄金和加密货币的价格上涨Next article：
摩根大通：受益于人工智能，8月份比特币矿企股票创新高
