🇺🇸 The US #TreasuryDepartment said that central bank digital currencies (#CBDC ) should replace #Stablecoins issued by the private sector .

The regulator is also very concerned about the growth of the stablecoin market.

The #Stablecoins index is hitting new highs, and it’s huge news!

Fresh money is flooding into the market, and something big could be coming.

This could be the perfect setup for altcoins to skyrocket.

Expect some exciting moves ahead!

🚀Crypto Market Blasts Past $3T: Breaking It Down

📊Key Stats:
⚪️$BTC : $1.82T (34.62%) – Bitcoin's recent surge to multi-month highs leads the rally.
⚪️$ETH : $375.52B (17.89%) – ETH shows resilience as Layer 2 adoption and staking grow.
⚪️#Stablecoins : $174.89B (5.64%) – Reflects steady demand for liquidity and safety.
⚪️Others: $715.37B (40.32%)—Altcoins innovate with AI, gaming, and scalability solutions.

💹24h Volume: $153.62B

The $3T cap reflects:
🌍Institutional Interest: Major players fueling market activity.
📈Adoption Boom: Retail and global entry are expanding rapidly.
🔗Tech Advancements: Ecosystems evolving with cutting-edge solutions.

This milestone is a testament to #Crypto 's growing role in the financial world!🌐✨

#BitGo has appointed Ben Reynolds, ex-president of Silvergate Bank, to lead its $USD Standard #Stablecoins initiative.