Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee as we discuss the implications of growing stablecoin adoption on Bitcoin (BTC) price. While the proliferation of these dollar-pegged tokens accentuates crypto adoption, not all is as it seems, according to Bitcoin pioneer Max Keiser.
Crypto News of the Day: Stablecoins Could Send Bitcoin Price Over $200K, Max Keiser
Crypto markets continue to witness growing institutional adoption, with inflows into digital asset investment products surging to $2 billion last week.
The Trump family’s World Liberty Financial (WLFI) is making headlines on the stablecoin front. Its USD1 stablecoin recently surpassed the $2 billion market capitalization threshold.
In the same tone, Tether is reportedly considering another dollar-pegged stablecoin despite being the issuer of USDT, the largest stablecoin by market cap metrics.
Amid surging adoption, the US Treasury forecasts a $2 trillion market cap for the stablecoin sector by 2028.
“Evolving market dynamics, structures, and incentives have the potential to accelerate stablecoins’ trajectory to reach ~$2 trillion in market cap by 2028,” the report read.
In a recent US Crypto News publication, Bitcoin pioneer Max Keiser warned that stablecoins could “work the US dollar to death” and potentially exacerbate US debt levels. In a follow-up commentary, the Bitcoin pioneer voiced additional concerns.
According to Keiser, institutional adoption and regulatory legitimization of US dollar-pegged stablecoins artificially inflate demand for the dollar. He also notes that this diverts attention from Bitcoin, especially as its price remains below the $100,000 mark.
Keiser argues that this shift benefits stablecoin issuers, leveraging interest from their Treasury holdings to accumulate Bitcoin at lower prices.
However, Keiser warns that such dynamics could undermine initiatives like the proposed US Strategic Bitcoin Reserve, which aims to bolster national holdings of the pioneer crypto.
“The stablecoin issuers are the last bastion of dollar demand globally as de-dollarization threatens to decapitalize the US economy,” Keiser said in an interview with BeInCrypto.
According to the Bitcoin maxi, stablecoin issuers use interest from the treasuries they buy to buy cheap Bitcoin under $100,000 to distract Trump from buying BTC for the strategic reserve.
US Dollar Value To Diminish Relative to Bitcoin
In his opinion, when Bitcoin crosses the $200,000 threshold, panic buying will surge among individuals and governments previously misled by stablecoin issuers.
“As Bitcoin crosses $200,000 panic buying by people and governments who’ve been hoodwinked by stablecoin issuers will accelerate,” Keiser added.
He further asserted that all fiat currencies, including the Yen and Euro, will eventually devalue to zero against the US dollar and its stablecoin counterparts. He said this would be before the dollar itself diminishes in value relative to Bitcoin.
“This is how Bitcoin tops $2,200,000 a coin this cycle,” Keiser concluded.
As BeInCrypto highlighted in an earlier US Crypto News publication, Max Keiser believes Bitcoin can achieve $2.2 million per coin. As reported, he cited institutional FOMO and competition between 21 Capital and MicroStrategy.
Chart of the Day
This chart shows that the stablecoin market cap is up by almost $40 billion in 2025, rising from $203.372 billion on January 1 to $242.977 billion as of this writing. This represents a 19.47% surge in just under five months.
Byte-Sized Alpha
Here’s a summary of more US crypto news to follow today:
- Market shrugs off Trump tariffs with $2 billion crypto inflows, marking the third straight week of gains and bringing the three-week total to $5.5 billion.
- Tether is launching Tether.ai, an open-source AI platform combining blockchain technology for decentralized AI agent deployment.
- Bitcoin dominance hit 64.98% in early May, its highest since 2021, stirring debate on the timing of the next altcoin season.
- Elon Musk changed his X name to “gorklon rust,” sparking a meme coin rally with token spikes reaching up to 7,000% in 24 hours.
- Solana patched a critical bug in its Token-2022 standard that enabled unauthorized token minting and asset withdrawals.
- Five US economic indicators with crypto implications this week include ISM services, the US trade deficit, the FOMC meeting and Powell conference, and consumer credit.
- Indonesia suspends Worldcoin and WorldID over unregistered operations and misuse of another firm’s legal certification.
- Bitcoin’s price dips below $95,000, with a potential decline to $90,000, driven by growing bearish sentiment.
Crypto Equities Pre-Market Overview
| Company | At the Close of May 2 | Pre-Market Overview |
| Strategy (MSTR) | $394.37 | $384.40 (-2.53%) |
| Coinbase Global (COIN) | $204.93 | $201.20 (-1.82%) |
| Galaxy Digital Holdings (GLXY.TO) | $26.84 | $29.95 (+11.60%) |
| MARA Holdings (MARA) | $14.48 | $14.11 (-2.56%) |
| Riot Platforms (RIOT) | $8.39 | $8.24 (-1.79%) |
| Core Scientific (CORZ) | $8.74 | $8.61 (-1.49%) |
The post Bitcoin Targets $200,000 As Stablecoin Issuers Use Treasury Yields to Buy In | US Crypto News appeared first on BeInCrypto.