The other thing about this transaction is that it, like all crypto, ends up being inflationary if they are able to be used as currency and don't end up collapsi

The other thing about this transaction is that it, like all crypto, ends up being inflationary if they are able to be used as currency and don't end up collapsing. IE, there's $100 worth of currency in the system. Everyone gives it to Stablecoin Co. and they get $100 worth of stablecoins. Then Stablecoin Co. invests the money back into the system. Now there's $200 worth of currency in the system, leading to inflation. What's weird is that crypto folks often complain about people printing money and causing inflation. But that's the whole crypto ecosystem. If something can be used as currency, it doesn't matter if the U.S. government is printing one dollar and handing it to somebody so that they can buy goods or if a crypto project is printing one NotDollar that has the same amount of worth and can be used to buy the same amount of things.