balance sheet capacity is heavily dependent on regulations (e.g. Basel III & local) hybrid intermediation systems facilitate access to the payment and credit channels SWIFT, FedWire and digital private USD claims like stablecoins & PayPal facilitate USD's movement and usage

Illya Gerasymchuk 2025-08-11 20:27

liquidity means availability, thus it comes down to being able to: 1️⃣ access USD credit 2️⃣ settle payments in USD this means balance sheet capacity and hybrid technological intermediation systems in place