Chinese Analyst Sees | Crypto

Key Takeaways: Economist Hong Hao expects stablecoin market capitalization to surpass $1 trillion. He argues HKD-backed stablecoins may offer greater reliability than U.S.-based ones. U.S. Treasury demand may increase, though long-term flows hinge on fiscal credibility. Economist Hong Hao predicted that the market value of stablecoins could surpass $1 trillion in the near term, according […] The post Chinese Analyst Sees $1 Trillion Stablecoin Market on the Horizon appeared first on Cryptonews.