COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Stablecoins Propel Demand for Bitcoin and Ethereum in the U.S. Economy
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Cryptocurrency News > Stablecoins Propel Demand for Bitcoin and Ethereum in the U.S. Economy
Cryptocurrency News

Stablecoins Propel Demand for Bitcoin and Ethereum in the U.S. Economy

In Brief

  • Green suggests stablecoins may boost demand for Bitcoin and Ethereum.

  • U.S. policies could enhance the market for dollar-backed stablecoins.

  • Faster crypto transactions can increase trust in the financial system.

Ömer Ergin
Ömer Ergin 1 month ago
Share
SHARE

Nigel Green, CEO of deVere Group, highlighted that the adoption of stablecoins as a crypto asset class may lead to increased demand for Bitcoin $103,279 and Ethereum $2,338, supporting the U.S. economy. He emphasized the crucial role of digital assets in providing fast and cost-effective transactions that could establish a significant place in the financial system in the future.

Contents
Features of StablecoinsThe Role of U.S. Policies

Features of Stablecoins

Green pointed out that stablecoins offer near-instant transfer capabilities, benefiting a wide range of transactions from banking to personal transfers. He explained that these crypto assets could facilitate greater money circulation in the U.S. by keeping interest rates low.

Holding U.S. Treasury securities in reserves is also highly beneficial for the country.

The Role of U.S. Policies

The CEO stated that the U.S. could enhance demand for fixed-income government bonds by developing supportive policies for dollar-backed stablecoins. He shared the view that this scenario would pave the way for increased investment in both Bitcoin and Ethereum, alongside technology stocks.

Nigel Green: “Stablecoins work almost instantly, offering quick and cost-effective transfer options. This is beneficial for banks and individuals.”

These statements indicate that crypto assets can facilitate transaction processes.

Nigel Green: “The U.S. benefit lies in taking steps to lower interest rates. Many firms, including those like JPMorgan, PayPal, and Fidelity, are working on stablecoin issuance.”

Green added that innovations brought by the digital world may lead to price increases in certain technology stocks and crypto assets, particularly Ethereum.

The statements underscored that the speed and cost advantages of crypto transactions could enhance trust in the financial system, positively contributing to the overall economic cycle. According to these assessments, the rapid and economical transfer capabilities offered by stablecoins could encourage both individuals and institutions to take a more active role in digital assets. The report emphasizes the importance for U.S. policymakers to closely monitor developments in this field.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Goldman Sachs Embraces Cryptocurrency with New Investments

U.S. Markets Fuel Surge in Cryptocurrency Values

US Makes Bold Moves in Tariff Negotiations Sparking Crypto Market Surge

Cryptocurrencies Rise While CAPO Warns of Key Market Levels

Crypto Expert Unveils Insights into Bitcoin’s Rising Tide

Ömer Ergin 29 March, 2025 - 1:38 am 29 March, 2025 - 1:38 am
Share This Article
Facebook Twitter
Share
Previous Article Sam Bankman-Fried Faces Stringent Conditions in Detention Following Recent Transfer
Next Article SEC Completes Investigation into Hailey Welch’s $HAWK Token
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Goldman Sachs Embraces Cryptocurrency with New Investments
Cryptocurrency News
Trump Shakes Up Washington with Determined Cryptocurrency Moves!
Cryptocurrency Law
U.S. Markets Fuel Surge in Cryptocurrency Values
Cryptocurrency News
BlackRock Drives Bitcoin and Ethereum Surge: An Unmatched Force in Cryptocurrency
Ethereum (ETH)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?