BITCOIN SEASON 2: Trump likes Stablecoins, not Bitcoin

Mar 22, 2025

President Trump’s recent shift towards stablecoins sparks a lively debate among cryptocurrency enthusiasts. With stablecoins now making up over 50% of crypto transactions, the dominance of Tether in U.S. Treasuries raises eyebrows. The podcast explores how stablecoins are reshaping financial landscapes, especially in emerging markets, while dissecting Tron's significant market share despite centralization concerns. Amidst this, the evolving relationship between Bitcoin and stablecoins poses questions about their future in the financial ecosystem.

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ANECDOTE

Trump's Stablecoin Pivot

Trump pivoted from Bitcoin to stablecoins in a recent policy statement.
This surprised some, as he previously championed Bitcoin.

INSIGHT

Stablecoins and Traditional Finance

Stablecoins are becoming embedded into traditional finance, potentially propping up institutions Bitcoin aimed to disrupt.
Bitcoin's role might shift primarily to investment/savings, while stablecoins facilitate dollar transactions.

INSIGHT

Stablecoins and US Treasuries

Stablecoin companies buy US treasuries, earning yield and increasing demand, potentially mitigating US debt concerns.
This benefits both the companies and the US government.

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