Roubini has long been a skeptic of the cryptocurrency space, which makes his own foray into the world of digitized financial instruments intriguing.
initial plans for the firm’s new products, primarily driven by the current state of the global economy.
According to the report, USG would be backed by real-world assets including short-term United States Treasury bonds, gold and real estate investment trusts. The offering will be aimed at major investors like sovereign wealth funds, pension funds and possibly central banks exposed to dollar-backed assets.the current global socio-economic climate and its pressure on the U.S. dollar, which has long served as the world’s reserve currency.
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