U.S. Treasury Secretary Scott Bessent recently stated in an interview that stablecoins could bring $2 trillion in short-term demand for U.S. Treasury bonds and bills!

Far exceeding the current $300 billion. Bessent reiterated the Trump administration's strong support for cryptocurrency innovation and criticized the previous administration's destructive regulatory stance. He pledged to encourage sustainable innovation through a balanced improved regulatory framework. Stablecoins like Tether (USDT) are typically backed 1:1 by fiat currencies such as the U.S. dollar and hold reserves in liquid assets (including government bonds). As these tokens gain broader adoption, their issuers are becoming significant buyers of U.S. debt instruments. Meanwhile, the U.S. Senate is preparing stablecoin regulatory legislation, which is expected to provide legal clarity and promote institutional adoption. Market rumors suggest that Fidelity and JPMorgan may soon issue their own stablecoins.$BTC #加密市场回调