According to Odaily, Bitwise Senior Investment Strategist Juan Leon recently stated on X that stablecoins currently hold about 1% of US Treasury bonds, a figure that could soon rise to 15%, making them one of the top three holders. Without regulation, the market value of stablecoins has surged from zero to nearly $170 billion in a few years. Now, a bipartisan stablecoin bill in Congress and recognition from Federal Reserve officials highlight stablecoins as a new tool to enhance the global influence of the US dollar and support the US Treasury market.
With stablecoin regulations set to take effect in Europe by 2025 and the US aiming to catch up, stablecoins are increasingly becoming integral to the digital economy. As AI agents become more prevalent, stablecoins are expected to become the preferred mechanism for digital commerce. The digital economy already accounts for 15% of the global economy and is growing at a rate two to three times faster. The exponential growth in stablecoin usage suggests that the leap from $170 billion to $1 trillion will occur more rapidly than the initial growth from zero to $170 billion. A $1 trillion stablecoin investment in US Treasury bonds would overshadow the top ten money market funds and rank among the top three holders, with over $800 billion.
