Big news! Stablecoins may become the 'beautiful nation's' debt rescue hero, with a $2 trillion buying spree quietly approaching!
According to the latest monitoring, the beautiful nation's Treasury Secretary Scott Bessent stated: stablecoins could bring up to $2 trillion in short-term new demand for beautiful nation's government bonds and treasury bills, far exceeding the current level of only about $300 billion — this is not only a super variable for the financial market, but also a strong endorsement for the crypto world!
Key information at a glance:
Trump team fully supports crypto
Bessent fiercely criticized the previous government's 'stifling innovation' regulatory stance in an interview and vowed to create a more constructive and sustainable regulatory framework to ensure that innovation is not stifled in its cradle.
Stablecoins become new major investors in government bonds
Stablecoins like Tether (USDT) are often backed 1:1 by USD and hold a large amount of beautiful nation's government bonds and other highly liquid assets as reserves. As their market capitalization expands, these issuers are rapidly emerging as the new 'invisible buyers' of the beautiful nation's treasury.
Stablecoin regulatory bill is on the way
The beautiful nation's Senate is promoting the introduction of a regulatory framework specifically targeting stablecoins, which is expected to clarify their legal status and pave the way for institutional funds to fully enter the market.
Are giants coming?
The market is abuzz: Fidelity and JPMorgan are reportedly brewing their own stablecoin products. If the news is true, it will announce Wall Street's official full-scale entry into the on-chain dollar battlefield!
