Today’s fear is a possible attack on Iran and the staff of the United States from the region. The re -appearance of geopolitical risks negatively affected the short -term appearance. The US Treasury minister talks about the longer -term view. According to him, stablecoins have great potential and can overcome the trillion dollar threshold. This is of course in favor of the general crypto currencies.
2028 crypto money estimated
Stablecoins For the first time in its history, it exceeded the size of a quarter billion. Your crypto coins Stablecoins are also strengthening in proportion to the growth. The US Treasury minister says that there will be more.
In his testimony in the Senate, US Treasury Minister Scott Bessent Stablecoins said the total market value will reach $ 2 trillion by 2028. This statement after the Senate Allocation Committee’s approved the Genius Law is a strong support for the US as a state policy to stablecoins.
They are not unfair because Stablecoins for US bonds give birth to natural demand.
“I believe that the Stablecoin legislation supported by the US Treasury or T-benon will create a market that will expand the use of US dollar all over the world.
I think 2 trillion dollars are a very reasonable figure, and I believe that this figure can rise much more.
As a reserve currency of the US dollar, in many stages in its history, many people assumed that the US dollar would lose the status of reserve currency, but a new mechanism has always emerged. ”
Trump wants to see Stablecoin legislation on his desk until August this year. Although the draft prepared for the signature received the first approval, the process is not yet over. With the bill in the Assembly of the Representatives (Stable) Genius will have to be united.
The future of crypto coins
The fact that stablecoins alone reach the market value of 2 trillion dollars means significant strengthening of liquidity in crypto money markets. Today, the total value of crypto currencies is over $ 3 trillion and alone with stablecoins will exceed 5 trillion dollars. The price is expected to climb up as interest in crypto currencies will increase in proportion to this.
Also only Tether or Circle Not many traditional financial giants in this field will exist. Paypal has already started. Bank of America is preparing to export its own stablecoin. Moreover, traditional financial giants like Paypal Ethereum 
$2,725.94 It exports these tokens on the flagship networks of the crypton. So the stablecoins with subcoins are too intertwined to be separated.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
