telluride on Nostr: Yes Some context: (Jeff Parks post on X) Japan’s decades-long economic stagnation, ...

Yes
Some context: (Jeff Parks post on X)

Japan’s decades-long economic stagnation, marked by ultra-low interest rates, led to the rise of SoftBank, which used cheap yen to fund risky global ventures while its domestic economy struggled. Meanwhile, Tether emerged as a shadow central bank, providing digital dollars outside U.S. oversight, similar to the historical eurodollar system, helping global players avoid financial repression. Now, SoftBank and Tether are partnering through Cantor Fitzgerald in a $3 billion Bitcoin venture, aiming to reshape global finance by combining Japan’s capital strategies with Tether’s ability to move dollars freely, potentially positioning Bitcoin at the core of this new financial system.