Bi-Weekly Geopolitical Report – The Geopolitics of US Dollar Stablecoins (3/13/2026)

The increased supply of dollar-backed stablecoins has the potential for wide-ranging impacts, including support for the dollar and an infusion perhaps of demand for US Treasurys. It also is making US banks nervous. Confluence Advisory Director of Market Strategy Bill O'Grady joins Phil Adler to discuss the possibilities and the investment implications.