USDT Growth Influences Cathie Wood’s Revised Bitcoin Price Target
Cathie Wood, CEO of Ark Invest and a well-known cryptocurrency advocate, has adjusted her Bitcoin price forecast for 2030 from $1.5 million to $1.2 million. This revision, discussed during a CNBC interview, stems from the rapid adoption of stablecoins like USDT and USDC in emerging markets. These digital assets are increasingly being utilized for savings and everyday transactions, potentially impacting Bitcoin's long-term valuation. Wood's updated outlook reflects the evolving dynamics of the crypto market, where stablecoins play a pivotal role in financial ecosystems worldwide.
Cathie Wood Adjusts Bitcoin Forecast Amid Stablecoin Growth, Whales Shift to Presale Projects
Cathie Wood, Ark Invest CEO and prominent crypto bull, revised her Bitcoin price target downward during a CNBC interview. Her 2030 projection now stands at $1.2 million, a $300,000 reduction from her previous $1.5 million estimate. Wood attributes this adjustment to the surging adoption of stablecoins like USDT and USDC in emerging markets, where they're increasingly used for savings and payments.
Despite this tempered outlook, large investors continue reallocating capital—with notable interest flowing into presale projects like Best Wallet Token (BEST). The shift underscores how institutional players are diversifying beyond exchange-listed assets during market uncertainty.
Tether Secures Board Seat at Juventus FC Through Francesco Garino
Tether, the issuer of USDT, has made its first foray into traditional sports governance by securing a seat on the board of Italian football giant Juventus FC. Francesco Garino, an orthodontist and ardent club supporter, was confirmed as Tether's representative during the club's annual general meeting on November 7, 2025.
The stablecoin giant became Juventus' second-largest shareholder earlier this year with a 10% stake. Paolo Ardoino, Tether's CEO, framed the MOVE as the first step in their 'Make Juventus Great Again' (MJGA) campaign—a nod to both football heritage and Web3 innovation.
This strategic position grants Tether direct influence over financial and technological decisions at one of Europe's most storied football clubs. The appointment bridges crypto-native governance models with traditional sports management, potentially creating new monetization avenues through digital assets.
Fed Governor Warns Stablecoins Could Become 'Multitrillion Dollar Elephant in the Room'
Federal Reserve Governor Stephen Miran has projected that stablecoin adoption could reach $1 trillion to $3 trillion by 2030, potentially reshaping U.S. monetary policy. Speaking at the BCVC Summit 2025, Miran emphasized the growing influence of dollar-pegged cryptocurrencies, noting their capacity to depress interest rates by expanding the supply of loanable funds.
Most demand is expected to originate from foreign users seeking dollar-denominated savings, a trend that could further strengthen the U.S. currency. The remarks follow the passage of the GENIUS Act, the first major U.S. legislation establishing regulatory frameworks for issuers like Tether and Circle.
Miran's analysis suggests stablecoins are evolving from niche financial instruments into systemic forces capable of influencing central bank decisions. The Fed now faces the challenge of incorporating this emerging asset class into its economic models as adoption accelerates.
