Donald Trump’s Treasury Secretary Predicts $2 Trillion Stablecoin Boom
The crypto market surged following Donald Trump’s victory over Kamala Harris in November 2024, fueled by optimism around pro-crypto leadership. Initial momentum cooled post-inauguration as the administration adopted a measured approach to regulation, though key crypto-friendly policies and appointments have since emerged.
Former Treasury Secretary Bessent recently reaffirmed the U.S. commitment to digital asset innovation, outlining ambitious plans to expand the sector. His bullish stance on stablecoins—predicting a $2 trillion market—signals institutional confidence in crypto’s role in modern finance.