Macroscopic Podcast

Brent Johnson: Stablecoins Could Replace the Fed


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Brent Johnson joins us in this Future of Gold Series to unpack why stablecoins may become far more than a crypto story. In this conversation, he argues that stablecoins could reinforce U.S. monetary power, reshape global commerce, and even evolve into a geopolitical tool of empire rather than just a new source of Treasury demand and potentially replace the Federal Reserve.

We also discuss the future of the dollar system, whether the Fed could gradually lose relevance, why macro and geopolitics now matter more than ever, and how Brent thinks about gold in a world where the dollar may remain dominant longer than most expect.
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The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of any entities they represent.


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Macroscopic PodcastBy GoldRepublic

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