Stablecoins May Unlock $2 Trillion in US Treasury Demand, Says Expert

Scott Bessent suggests that widespread adoption of stablecoins in the U.S. could significantly boost demand for U.S. dollars and Treasury securities, potentially bolstering the dollar’s role as a global reserve currency. He believes that if implemented properly, stablecoin regulations could spur a surge in demand for Treasury bonds, reaching an estimated $2 trillion from the current $300 billion level. This forecast highlights the growing belief that properly regulated stablecoins hold significant potential not only for innovation but also for enhancing fiscal stability and global dollar dominance.