Litecoin (LTC) is a cryptocurrency that has established a significant presence in the digital ecosystem since its creation in 2011 by Charlie Lee, a former Google employee. Designed as a lighter alternative to Bitcoin, Litecoin is distinguished by its focus on faster transactions and a maximum supply of 84 million coins, four times larger than Bitcoin's 21 million limit. This makes it more accessible to a wider range of users, promoting its use in everyday transactions and as a testing ground for new technologies before their implementation on the Bitcoin network.
While China rejects crypto, the U.S. government recommends its adoption
While China has maintained its ban on cryptocurrency trading and mining since 2021, U.S. Vice President JD Vance has urged the United States to capitalize on this situation by adopting $BTC bitcoin, the world's largest cryptocurrency. Vance made these statements on Wednesday at the Bitcoin Conference in Las Vegas.
According to Vance, the U.S. should consider why its main adversary, the People's Republic of China, is so opposed to bitcoin. He suggested that if China is distancing itself from bitcoin, it could be advantageous for the U.S. to adopt a more favorable stance towards the digital asset.
Vance's statements come amid ongoing efforts by the White House to reform monetary policy regarding cryptocurrencies, as the vice president views bitcoin as a strategically important asset for the U.S. over the next ten years. He praised President Donald Trump's executive order in March, which established a strategic reserve of bitcoin using tokens already owned by the government.
First Digital USD (FDUSD) is a stablecoin issued by FD121 Limited, under the First Digital Labs brand based in Hong Kong, designed to maintain a 1:1 parity with the US dollar. Below, I provide an analysis based on recent information, along with an evaluation of whether it is advisable to invest in it. FDUSD is backed by liquid assets such as short-term US Treasury bonds and cash deposits in dollars, held in segregated accounts at regulated financial institutions in Asia. The reserves are audited monthly by independent third parties, such as Prescient Assurance.
The number of whales (addresses with more than 1,000 BTC) has shown a recent increase, approaching 2021 levels, with over 2,000 whales reported and continuous growth expected in 2025. However, the distribution of Bitcoin is becoming more equitable over time. While whales control one-third of the supply (approximately 15.34% in the hands of the 111 richest addresses), small investors (with 0.01-1 BTC) are growing in number, indicating a gradual decentralization.
1. Indirect exposure to Treasury bonds: Many stablecoins, such as USDT and USDC, invest their reserves in U.S. Treasury bonds, which means that by purchasing stablecoins, you are indirectly exposed to these safe assets. According to a report by Citibank, it is projected that stablecoin issuers could become significant holders of Treasury bonds by 2030, with additional purchases of up to 1 trillion dollars.
2. Positive regulatory potential: With the GENIUS Act advancing in the U.S. Congress, stablecoins could be more integrated into the regulated financial system, increasing their legitimacy and security.
Optimistic Scenario: The narrative of "Bitcoin has no ceiling" supports the idea of buying as a long-term investment, especially in accumulation phases. Optimists are looking long-term, projecting prices of up to 125,000-153,000$ this year or even 500,000$ before the next halving in 2028, based on Bitcoin's historical upward trend and the weakness of fiat currencies.
Tether surpassed Germany in holding U.S. Treasury bonds, with over $120 billion, consolidating itself as the 19th largest global holder. This reinforces Tether's position as a relevant financial player, with earnings of $1 billion in a quarter from its investments.