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Why We Do Not Sell Our Physical TL; DR Stablecoins vs CBDCs is a proxy war over global payment rails. BRICS bans on stablecoins are designed to block dollar penetration and accelerate monetary multipolarity. The U.S. is turning to stablecoins as a defensive tool to preserve reserve-currency reach without adopting a CBDC. Opinion: A mercantilist system is re-emerging, splitting money into 2 types: domestic and international. Summary: Monetary Supply Chains Authored by GoldFix Housekeeping: Presented two ways: Accessible podcast ( on site ) , and slightly more formal written version below. What looks like a debate about Stablecoin vs. CBDC is really a global struggle for control “Payment is a monetary supply chain. The world is now contesting that chain, with the U.S. defending the dollar and China advancing the yuan. Gold appreciates inside this conflict as the only truly global settlement asset both sides can use.” The global debate over stablecoins, central ...