24 Articles
24 Articles
Bessent strengthened the commitment of the Trump government to maintain the status of the dollar as reserve currency, including by supporting stablecons
Treasury Secretary Scott Bessent has just launched a chilling prediction: the stablecoins market could jump to $2 trillion in the next three years. This announcement comes as the bitcoin flirts with its historic peaks. L的 article Stablecoins: The US Treasury tables on a $2 trillion market has appeared first on Cointribune.
Stablecoins May Surge to $2 Trillion, Reshaping Global Finance
The financial landscape is on the cusp of a significant shift, with stablecoins poised to play a pivotal role. US Treasury Secretary Scott Bessent recently dropped a bombshell at a Senate hearing, predicting that dollar-pegged stablecoins could balloon to over $2 trillion in the next few years. This isn’t just a wild guess; it’s a view shared by leading industry groups and analysts. Source
Stablecoins To Hit $2 Trillion? US Treasury Hints At Explosive Growth
US Treasury Secretary Scott Bessent told lawmakers that dollar-pegged stablecoins could swell to more than $2 trillion in the next few years. He spoke at a Senate hearing this week. His outlook came as Congress moved to set new rules on how these tokens must be backed. Growth Forecast Details According to Bloomberg, Bessent said a leading industry group expects the stablecoin market cap to top $2 trillion. He called that view “very reasonable.” …
The Blockchain Bulletin May 13: Stablecoins May Hit $2T by 2028, Says Bessent
Hey folks! Welcome once again to our Blockchain Bulletin Report, where we uncover and unravel the latest insights that have popped up in the market in the past 24 hours. Brace yourself for a thrilling ride through yesterday’s most vital stories in the crypto world. From billion-dollar SEC setbacks to trillion-dollar projections, this newsletter uncovers high-stakes developments that are reshaping regulation, markets, and the future of digital as…
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