Part 14/16:
For investors and stakeholders, Livingston argues the shift is clear: the true value underpinning USDT is its escalating Bitcoin reserve and its potential transformation into a Bitcoin standard. Accumulating Bitcoin alongside USDT allows a strategic hedge—betting that the hierarchy of money is shifting toward a stateless, digital, Bitcoin-backed monetary base.
He highlights the importance of monitoring yield spreads, treasury market dynamics, and the potential for corporate treasurers to leverage USDT as a cash management and optional Bitcoin exposure tool.