Bo Hines, the US President’s Chief Advisor on Digital Assets, made impressive predictions about the cryptocurrency sector. Hines said the total market value of the digital asset industry could reach $15-20 trillion with Stablecoin regulations in the US.
In a statement, Bo Hines said these regulations will be a major turning point not only for the crypto market but also for the global financial system. “Tokenized stocks, 24/7 open markets, global dollar access… this is where the US becomes the world leader in crypto and financial technology,” he said.
According to Hines, individuals or institutions accessing US capital markets through Stablecoin law are required to use dollar-backed Stablecoins. This will increase capital inflows and further strengthen the US influence in the global financial system.
“We must lead the adoption of digital asset finance technologies,” Hines said, adding that the transformation protects the US economy, encourages innovation and solidifies global leadership.
*This is not investment advice.
