Soon banks will be able to buy Us bonds and back with them their own stablecoins in exchange.
This is going to be a straight monetization of the debt and an extremely inflationary policy.

>Hyperinflationary positive feedback loop
>Crypto pumps as an escape hatch out of fiat
It's a bubble? Damn right it is.

the banks already print the money as new loans and leases, ergo monetizing us federal debt since the beginning. its literally how banks have always worked