If you once thought that stablecoins were just a tool for exchanges to 'act as a bridge', then now, the entire narrative is undergoing a dramatic reconstruction. U.S. Treasury Secretary Scott Bessen recently made a rare and shocking prediction at a Senate Appropriations Committee hearing: the market value of dollar-backed stablecoins will exceed 2 trillion dollars in the coming years. This is a figure that could energize both traditional finance and the crypto market simultaneously.
More importantly, this is not a casual statement, but a clear confirmation from the U.S. Treasury regarding the legalization and institutionalization path for crypto stablecoins.
Why 2 trillion? This is a comprehensive extension of 'monetary power'.
Scott's prediction is not isolated. He clearly stated that stablecoins will become a tool for the global dominance of the U.S. dollar, and the government plans to fully incorporate them into the financial system through legislation. These stablecoins must be backed 100% by high-quality short-term assets such as U.S. Treasury bonds. In other words, stablecoins will no longer be just technological products, but will be shaped into a form of 'quasi-government bond derivatives' — their existence may even help enhance global demand for U.S. debt.
This is not only a green light in policy but also a fundamental recognition of the stablecoin asset model. Such recognition is opening an unprecedented institutional window for the crypto market.
Legislation Accelerates: Stablecoins are about to become 'official'.
Currently, related legislation is being fast-tracked: the Senate has just passed a key procedural vote, and formal legislation is expected to be completed next week. In the House of Representatives, the Financial Services Committee and the Agriculture Committee have also jointly passed a broader crypto regulatory bill, clearing technical and regulatory obstacles for the implementation of stablecoins.
The Trump administration clearly supports this bill, which is not only a signal of market release but also a reflection of the increasing strength of crypto forces in Washington's political game. Crypto giants, represented by Fairshake PAC, are making significant bets, organized, purposeful, and strategically pushing policies forward.
Market Changes: The battlefield of banks, retailers, and new payment methods
In addition to the legislative aspect, the 'battle' around stablecoins is spreading to more interest groups:
Retailers actively support stablecoins, hoping to escape the monopolistic high fees of Visa and MasterCard. This demand is a massive call for decentralized payment systems.
Large banks are trying to 'create' stablecoins, aiming to lock customer funds within their own financial closed loop and earn interest through reserves.
Small banks are wary of stablecoins withdrawing deposits, fearing the credit system will be hollowed out.
From the payment layer to the credit system, and to the sovereign debt market, stablecoins are no longer 'bystanders', but a system-level variable that is reshaping the financial framework.
Mlion.ai's observation perspective: The logic of stablecoins is one of the main lines of the future.
In the AI research report module and capital flow analysis of Mlion.ai, starting from the end of 2024, the on-chain activity of mainstream stablecoins such as USDC, USDT, FDUSD, and TUSD continues to rise, with the number of related contract deployments doubling, especially concentrated in Layer 2 payments, cross-chain bridges, and DeFi deposit ports.
Meanwhile, Mlion.ai's analysis of on-chain capital flows shows that over the past three months, the scale of stablecoin flows to CeFi institutions has significantly increased, and the asset management logic of 'inflow - allocation - derivation' has taken shape. These details are building a consensus: stablecoins are the 'certain protagonist' in the next round of narratives.
For ordinary investors, this means focusing on projects that revolve around stablecoin technical infrastructure (clearing protocols, cross-chain payment systems, stablecoin DID payment gateways). In the coming year, these projects are likely to become one of the main battlegrounds for capital and institutions.
Don't wait until stablecoins fly into the traditional financial system to start paying attention.
Looking back at past opportunities with Bitcoin and Ethereum, every asset explosion began with a turning point in institutional awareness. This time, stablecoins are ushering in a highlight moment of 'Washington endorsement'.
Stop staring at the daily fluctuations of K-lines and missing the starting point of trends. Through Mlion.ai's price predictions, deep analysis of news, and AI research report features, you can capture on-chain movements and institutional behaviors of stablecoin narratives at the first moment. Those who can make judgments before trends start are likely to benefit from the real main uptrend.
Is 2 trillion just a conservative prediction? Perhaps. What is being wagered is not the market, but the choice of the era.
Disclaimer: The above content is for informational sharing only and does not constitute any investment advice. The crypto market is highly volatile and risky, and investors should operate cautiously based on their own circumstances.