Эрик Трамп: Стейблкоины могут укрепить доллар США Translation: Eric Trump: Stablecoins Could Strengthen the US Dollar

Stablecoins are set to «rescue the US dollar» by supporting the national currency’s value. This perspective was shared by Eric Trump, son of the current president.

The crypto entrepreneur notably highlighted USD1, a «stablecoin» from the DeFi project World Liberty Financial, which is under the control of the Trump family.

Back in February, Federal Reserve Board member Christopher Waller suggested that regulated stablecoins would «extend the dollar’s influence globally» and bolster its status as a reserve currency.

In April, Brian Pellegrino, founder and CEO of LayerZero Labs, stated that stablecoins represent the best tool for the US government to maintain dollar hegemony in global financial markets.

Kyle Klemmer, co-founder of Blockstreet, predicts that by the end of Donald Trump’s second term in 2028, USD1 will dominate the sector, surpassing USDT and USDC in market capitalization.

Meanwhile, analysts at Citigroup have revised their forecast for the «stablecoin» market size by 2030, estimating it could reach $1.9 trillion in a baseline scenario and $4 trillion in a bullish scenario.

JPMorgan deems such estimates overly optimistic, expecting a market capitalization of $500 billion by 2028.

Citigroup has also noted that corporations prefer tokenized assets, which might see transaction volumes exceeding those of stablecoins by 2030.

The UK Finance group has launched an industry pilot project to conduct the first real transactions with tokenized deposits in the UK, set to run until mid-2026, with participants including Barclays, HSBC, Lloyds Banking Group, NatWest, Nationwide, and Santander.

The project’s objectives are to provide tokenized deposits and programmable payments for three use cases:

It’s worth mentioning that the anticipated wave of stablecoin launches in the US may turn into a zero-sum competition, according to analysts at JPMorgan.