🇺🇸 *BREAKING:* U.S. Treasury Secretary *Scott Bessent* says *stablecoin legislation* could be finalized by *mid-July* 🗓️💵
🧾 The new law is expected to *boost demand for U.S. Treasuries* 📈
🔥 *Why it matters:*
- Stablecoins like USDT & USDC are often backed by U.S. Treasuries 🏦
- Clear regulation = *confidence boost* for institutions ✅
- Could drive *massive capital* into both stablecoins and the U.S. bond market 💰
📊 *Prediction & Analysis:*
- Regulated stablecoins = *bullish for crypto*
- Expect a rise in *on-chain adoption*, *DeFi integration*, and *institutional entry* 🚀
- Bitcoin, Ethereum, and compliant stablecoins like USDC may see major inflows
📌 Mid-July could mark a turning point for how crypto and traditional finance merge 🔗