According to @MilkRoadDaily, stablecoin issuers such as Tether and Circle indirectly hold about $150 billion in U.S. Treasuries. According to @MilkRoadDaily, that amount would rank them as the 12th-largest Treasury holder globally, ahead of many countries. According to @MilkRoadDaily citing Scott Bessent, these holdings tied to stablecoin reserves could reach $3.7 trillion by 2030.

According to Miles Deutscher, traders should pivot toward pick-and-shovel exposures as new chains proliferate, concentrating on liquidity providers that power these networks, infrastructure such as oracles and interoperability rails, revenue-generating applications with clear product–market fit, and stablecoin issuers and money markets, source: Miles Deutscher on X, Aug 14, 2025.

According to @akshat_hk, interest rate cuts directly compress profit margins for NIM-based stablecoin issuers such as USDC and USDT, making their business models less profitable. Conversely, rate cuts can trigger market dynamics that are bullish for ENA’s USDE yield, potentially increasing its attractiveness for yield-seeking traders. Crypto traders should monitor central bank rate policies closely, as these changes can alter stablecoin profitability and shift yield opportunities within the DeFi sector (source: @akshat_hk).

According to @nic__carter, despite legal efforts by the bank lobby to limit stablecoin utility by prohibiting yield, stablecoin issuers have already developed alternative methods to provide returns to users. This regulatory workaround may preserve stablecoins’ appeal as a trading asset and maintain liquidity in the crypto market, supporting ongoing demand and trading volumes for key stablecoins like USDT and USDC. Source: @nic__carter.