White House Crypto Advisor Predicts Trillions in Treasury Demand from Stablecoin Regulation

David Sacks, the White House’s top cryptocurrency advisor, has projected that regulatory clarity for stablecoins could unlock trillions in demand for U.S. Treasuries. The GENIUS Act, currently under Senate consideration, aims to establish a framework for these dollar-pegged digital assets.

Sacks emphasized the existing $200 billion stablecoin market operates in a regulatory gray area. Passage of the bill WOULD create immediate institutional confidence, he argued during a CNBC interview. "This isn’t speculative," Sacks noted. "We’re talking about flipping a switch that brings massive capital into our debt markets."

The administration’s push comes as global competition for digital asset leadership intensifies. Properly structured regulation could position U.S. Treasury instruments as the backbone of the crypto economy, with stablecoins serving as the bridge between traditional finance and blockchain innovation.