Bo Hines, the U.S. President’s Chief Advisor on Digital Assets, believes that upcoming stablecoin legislation could catapult the digital asset market to unprecedented heights. In a recent statement,
Hines projected that the total valuation of the crypto industry could soar to between $15 trillion and $20 trillion once comprehensive stablecoin regulations are implemented.
Hines described the forthcoming rules as a pivotal moment not just for crypto markets, but for the entire global financial system. “Tokenized equities, around-the-clock trading, and seamless dollar access worldwide — this is the path to U.S. leadership in digital finance,” he said.
According to the advisor, all individuals and institutions seeking to access U.S. capital markets under the new regulatory regime would be required to use dollar-backed stablecoins. This, he argued, would not only boost capital inflows but also deepen the dollar’s global reach through compliant digital infrastructure.
Hines emphasized that embracing this transformation is a national imperative. “We must lead the adoption of digital asset financial technology,” he stated, adding that it would strengthen the U.S. economy, drive innovation, and secure America’s role at the forefront of financial evolution.
As the regulatory framework nears finalization, Hines’ remarks signal the administration’s intent to use stablecoins as a strategic tool to consolidate U.S. dominance in both traditional and decentralized financial systems.
The first week of July brought notable advancements in crypto infrastructure, governance, and trading.
Europe’s reluctance to embrace stablecoins and blockchain technology could erode its monetary sovereignty and marginalize the euro in the next phase of global finance, according to former European Central Bank board member Lorenzo Bini Smaghi.
Toncoin (TON) has unveiled an exclusive partnership with the United Arab Emirates (UAE) to offer users a path to the coveted 10-year UAE Golden Visa—through crypto staking.
According to Santiment’s latest narrative dashboard, the start of July has seen a surge in online discussions around a wide range of crypto themes, with Solana ETFs, stablecoins, Virtuals, Robinhood, and AI bot projects like Yapyo & Kaito leading the spike in mentions across platforms.