I can't stop thinking about this quote from US Secretary of Treasury Scott Bessent:
[W]e are going to keep the U.S. the dominant reserve currency in the world, and we will use stablecoins to do that.
However big you think stablecoin AUM will get, you're probably thinking too small. So, the question becomes: What does the rest of the crypto market look like if stablecoin AUM is multiple trillions?
BITCOIN GOLDEN CROSS IS HERE
Every time this beast awakens, the market bends to its will:
🚀 2016: +139% (warm-up round)
🚀 2017: +2200% (face-melting rally)
🚀 2020: +1190% (escape velocity)
Last time, people laughed. Then they cried. Then they FOMO’d.