timzz(@timzz_sleep):Stablecoins solve two core problems: expanding the individual buyer base for U.S. Treasuries & enabling frictionless cross-border capital flows. Stage 1 — Total stablecoin supply hits $3T by 2028, with a wave of competing issuers entering the market. Stage 2 — A full ecosystem builds on top: lending, yield products, and more. The dollar swallows everything. Stages 1 & 2 aren't sequential, they'll most likely develop in parallel. One key risk to watch: U.S. deficit dynamics. So I'm anchoring this timeline to pre-2030 for now. My piece from last year on the dollar, Treasuries & stablecoins & DeFi:

2026.05.03 13:07

Stablecoins solve two core problems: expanding the individual buyer base for U.S. Treasuries & enabling frictionless cross-border capital flows. Stage 1 — Total stablecoin supply hits $3T by 2028, with a wave of competing issuers entering the market. Stage 2 — A full ecosystem builds on top: lending, yield products, and more. The dollar swallows everything. Stages 1 & 2 aren't sequential, they'll most likely develop in parallel. One key risk to watch: U.S. deficit dynamics. So I'm anchoring this timeline to pre-2030 for now. My piece from last year on the dollar, Treasuries & stablecoins & DeFi: