The anticipated further erosion of trust in public Treasuries may serve as a catalyst for innovation and competition within the financial system. Current stablecoin concepts represent only an initial phase. With the advent of next-generation stablecoins —enabling issuer-specific monetary policies, promoting a closer linkage to real goods and services within the associated "currency rim“ of associated brands, and allowing greater flexibility in asset allocation through fractional reserve mechanisms — we may witness the emergence of global enterprise currencies as well as new bridge and reserve currencies such as XLEO from Leondrino.
Best regards,
Peter (Co-founder of Leondrino; please note that I may be biased)
With foreign central bank appetite for US Treasuries in retreat, what will replace the current system? I don't think anyone knows. The chart below suggests we go back to substantial central bank gold holdings. Maybe. IMHO, fragmentation and a broad erosion of trust is a likely path -- how that "erosion of trust" plays out, however, is difficult to speculate. I would think gold will play a bigger role going forward, but it may be naive to think it will simply go back to the 'old days'. In my crystal ball is mostly instability -> volatility. And remember, when a country is cornered for whatever reason (political instability may well result in some countries), the rules of the games may change along the way. Yes, gold may be a "beneficiary" of that process, but what I doubt it will simply be central banks holding a bit more gold then before.
Credit for the chart goes to @TaviCosta
Disclosure for he chart: it's for illustrative purposes only, and the arrows are to be taken as a risk scenario, not as a prediction.
Very happy to be back in California after Pandemic. Latest news from one of our first customers and changing market environment are good for corporate currencies based on Leondrino standard - not only in Europe.
Happy to announce our participation in #StartInBlock by @signalweek 🎤
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https://t.co/HwiBfTDOea
Way too many bitcoiners are not paying attention to the two serious crises playing out in ETH just weeks away from the merge.
Both have implications for bitcoin & its future.
Instead of saying "we told you so" or ignoring what's going on, let’s go through both individually 🧵
Remember: The #Leondrino idea was born more than 10 years ago. Since its spin-off into a new company in 2014, we have continued to build through many ups and downs. We will stay persistent and are driven by the pursuit of creating a trustworthy system of corporate currencies.
Die Eröffnung des https://t.co/5JIpmN2lXu ist gemacht. Jetzt geht es in den Panels in die Details und Diskussionen mit den andern Referenten.
#Leondrino#Sports#Sport#Tokens#Token
Paypal´s move will also accelerate other corporate currency initiatives which target stable coin concepts in their own global ecosystems. #XLEO#Leondrino https://t.co/q3xUXLiYuM via @NZZ
Hast Du Dich schon für morgen mit LEAF token eingedeckt?
Ab morgen (23.11.2021, 12 Uhr) kannst Du auch in Berlin mit dem LEAF token bezahlen. Das Eiffel-Restaurant (Kudamm 105) ist das erste Berliner Restaurant, das den LEAF token zum Bezahlen von Speisen und Getränken akzeptiert