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Bridgewater Fund Founder: The poor debt situation of the US dollar has indirectly driven the rise in the prices of gold and Crypto Assets.
Ray Dalio, the founder of Bridgewater Associates, discusses stablecoins and Crypto Assets in his article. He believes that loosening regulations will not threaten the dollar's status, but government debt affects its attractiveness; stablecoins, if well-regulated, will not pose systemic risks; Crypto Assets, as a substitute currency with limited supply, are attractive when the dollar supply increases or demand decreases.
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