Welcome to the US Cryptocurrency Morning Newsletter—where we provide the most important cryptocurrency information for today.
Let's sip some coffee as we discuss the impact of increasing stablecoin usage on Bitcoin (BTC) price. Although the development of these dollar-pegged tokens emphasizes cryptocurrency acceptance, not everything is as it seems, according to Bitcoin pioneer Max Keiser.
Cryptocurrency News of the Day: Stablecoins Could Push Bitcoin Price Above $200,000, Max Keiser
The cryptocurrency market continues to witness increasing institutional acceptance, with digital asset investment product inflows surging to $2 billion last week.
The Trump family with World Liberty Financial (WLFI) is drawing attention in the stablecoin sector. Their USD1 stablecoin recently exceeded a $2 billion market capitalization.
Similarly, Tether is reportedly considering another dollar-pegged stablecoin despite already being the issuer of USDT, the largest stablecoin by market capitalization.
Amid high acceptance, the US Treasury forecasts a market capitalization for the stablecoin sector of $2 trillion by 2028.
"Market dynamics, structures, and motivations are likely to drive the stablecoin trajectory to ~$2 trillion market capitalization by 2028," the report reads.
In a recent US Crypto News publication, Bitcoin pioneer Max Keiser warned that stablecoins could "weaken the US dollar" and potentially exacerbate US debt levels. In a subsequent comment, the Bitcoin pioneer expressed further concerns.
According to Keiser, institutional acceptance and regulatory legitimization of US dollar-pegged stablecoins increase artificial demand for the dollar. He also noted that this distracts from Bitcoin, especially as its price remains below $100,000.
Bitcoin weekly price chart. Source: BeInCryptoKeiser argues that this shift benefits stablecoin issuers, who leverage Treasury interest from their holdings to accumulate Bitcoin at lower prices.
However, Keiser warns that such dynamics could undermine initiatives like the US Strategic Bitcoin Reserve proposed to enhance national holding of this pioneering cryptocurrency.
"Stablecoin issuers are the last bastion of global dollar demand as de-dollarization threatens to weaken the US economy," Keiser said in an interview with BeInCrypto.
According to the Bitcoin maxi, stablecoin issuers use interest from their treasuries to buy cheap Bitcoin under $100,000 to distract Trump from buying BTC for strategic reserves.
USD Value Will Decrease Compared to Bitcoin
In his opinion, when Bitcoin crosses the $200,000 threshold, panic buying will increase among individuals and governments previously deceived by stablecoin issuers.
"When Bitcoin passes $200,000, panic buying by people and governments deceived by stablecoin issuers will accelerate," Keiser added.
He further affirmed that all fiat currencies, including Yen and Euro, will ultimately lose value to zero compared to the US dollar and its stablecoin partners. He said this will happen before the dollar itself devalues against Bitcoin.
"This is how Bitcoin reaches $2,200,000 per coin in this cycle," Keiser concluded.
As BeInCrypto emphasized in a previous US Crypto News publication, Max Keiser believes Bitcoin could reach $2.2 million per coin. As reported, he cited FOMO from institutions and competition between 21 Capital and MicroStrategy.
Chart of the Day
Total stablecoin market capitalization. Source: defillamaThis chart shows the stablecoin market capitalization has increased by nearly $40 billion in 2025, from $203.372 billion on 01/01 to $242.977 billion at the time of writing. This represents a 19.47% increase in less than a year.
Byte-Sized Alpha
Below is a summary of some cryptocurrency news in the US today:
