Besant X Twitter Bombshell: The Century Reconciliation Between the Dollar and Crypto
At 3 AM today, US Treasury Secretary Besant dropped a nuclear-level opinion on Twitter: 'Stablecoins are not the enemy of the dollar, but rather the steel and concrete of 21st-century dollar hegemony.' This directly punctured Washington's long-held beliefs.
Previously, hardliners in the White House always viewed crypto assets as a scourge; now Besant acknowledges that 93% of the 80 billion compliant stablecoins (USDC/USDT) circulating globally are pegged to the dollar, essentially recolonizing 'digital currency colonies' in the global arena for the dollar.
Data Slaps: The Secret Passage of Dollar Hegemony
On-chain data doesn't lie: In Q1 2025, the on-chain settlement volume of US dollar stablecoins surpassed $11.3 trillion, a staggering 214% year-on-year increase, crushing Visa's annual transaction volume.
The Besant team clearly sees through the essence—America doesn’t need to personally issue a CBDC; by controlling the minting rights of compliant stablecoins, it can ensure the dollar continues to reign in the Web3 era.
This move is more ruthless than military bases; after all, 2.7 million crypto addresses around the world automatically work for dollar hegemony every day, making this financial empire's zero-cost expansion the strongest conspiracy in history.
Policy Shift: The Underlying Logic from Siege to Reconciliation
Besant dares to take political risks to advocate, backed by the discreet advancement of the GENIUS Act.
The bill requires all stablecoin issuers to hold equivalent US dollar assets + US Treasury bonds, and custodial institutions must obtain federal licenses. This effectively ties Tether, Circle, and others to a leash, anchoring them to the liquidity pool of US Treasuries—solving the issue of finding a buyer for the $31.4 trillion national debt while giving the Federal Reserve a trillion-dollar ammunition stockpile.
Unlike the SEC's roughshod approach in 2023, this administration has finally learned to 'tame the beast with compliance.'
Regulatory Arbitrage: The Secret Layout of Wall Street Whales
Keen capital has already moved: Traditional institutions like BlackRock and Fidelity have cumulatively increased their BTC spot ETF holdings by over $4.7 billion through compliant exchanges like Binance in the past three months, while simultaneously increasing their stakes in stablecoin issuers.
Besant's timing in making this statement is no coincidence—on June 12, he just promised Congress to 'extend the tariff buffer period,' clearly clearing obstacles for US capital to enter the crypto market.
Under this wave of political and commercial collusion, the stablecoin trading pairs on compliant exchanges will become the next trillion-dollar liquidity black hole.
Risk Hedging: A Survival Guide for Retail and Institutional Investors
Tightly embrace compliant targets: Stay away from algorithmic stablecoins that are not under regulatory oversight, focusing the main battleground on USDC/USDT/BUSD, especially on platforms regulated by the New York State Department of Financial Services (NYDFS) like Binance.
Ambush the RWA track: The GENIUS Act promoted by Besant is essentially a prelude to the tokenization of US Treasuries, and Binance's new Launchpool may be deeply linked with US Treasury collateralized stablecoin projects.
Beware of policy reversals: There are still remnants of Navarro's influence within the White House attempting to fight back; if the September debt ceiling negotiations break down, it may trigger a short-term black swan event. Keep 30% of your bullets ready for a BTC spike to $58,000 to buy the dip.
#美联储FOMC会议 #GENIUS稳定币法案
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