Stablecoins Now Outpace Retail Demand in Driving Bitcoin’s Price—MEXC COO Drops Bombshell

Forget mom-and-pop investors—the real puppet masters of Bitcoin’s price action are now stablecoin flows, according to MEXC’s Chief Operating Officer. The revelation cuts through the usual ’retail FOMO’ narrative like a hot knife through institutional butter.

Market makers and algorithmic traders are bypassing traditional buy/sell pressure, using stablecoins as their primary lever. Meanwhile, retail traders keep staring at charts like medieval peasants deciphering chicken bones.

One cynical take? The ’decentralized’ king of crypto now dances to the tune of centralized dollar proxies—irony so thick you could mint a stablecoin with it.

Stablecoins could be worth $2 trillion by 2026

One of the key drivers of this growth is the role stablecoins play in bridging traditional financial markets and the crypto ecosystem. They are particularly vital for crypto investors, especially during periods of heightened volatility. According to Jin, this utility could help propel the stablecoin market cap to over $2 trillion by 2026.

“With many sovereign banks and corporations exploring stablecoin issuance, particularly in other fiat currencies, and governments prioritizing regulation clarity, the stablecoin market cap could exceed $2 trillion by 2026 as they continue to drive the evolution of financial services, serving as a hedge against volatility and a launchpad for broader capital deployment,” Tracy Jin of MEXC.

This would represent a 200% increase from its current level of $241 billion. For Bitcoin, this translates into a significant boost in available liquidity, likely placing upward pressure on its price.