Stablecoin Expansion Could Boost Bitcoin Market Cap 300% by 2030

Generated by AI AgentCoin World
Sunday, Jun 29, 2025 4:46 am ET1min read
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Macro expert Luke Gromen has asserted that the U.S. government's strategy to expand the stablecoin market cap to fund fiscal deficits could significantly boost Bitcoin's market capitalization. Gromen believes that the growth of stablecoins could serve as a catalyst for Bitcoin's price surge in the coming years.

The U.S. Treasury Secretary, Scott Bessent, recently estimated that the stablecoin market cap could reach $3.7 trillion by 2030. Bessent highlighted that stablecoins, which are dollar-pegged crypto assets primarily backed by U.S. Treasuries, could drive demand for U.S. Treasuries. This increased demand could potentially lower government borrowing costs and help manage the national debt.

In an interview on The Julia La Roche Show, Gromen elaborated on how the expansion of the stablecoin market could benefit

Bitcoin
. He noted that the U.S. government views stablecoins as a means to finance deficits at low rates. According to Gromen, achieving a stablecoin market cap of $3.7 trillion by 2030 would necessitate a significant increase in Bitcoin's market cap. He explained that historically, Bitcoin's market cap has been at least two and a half times that of the total stablecoin market cap, and at times, it has been as high as 10 to 12 times.

Given these historical trends, Gromen predicts that if the stablecoin market cap reaches $3.7 trillion by 2030, Bitcoin's market cap could surge to between $8 trillion and $9 trillion, or even as high as $30 trillion. This projection is based on the current market cap of Bitcoin, which is around $2.1 trillion. Gromen emphasized that the U.S. government's stablecoin goals would require a much higher Bitcoin market cap to be achieved.

Currently, the stablecoin market cap stands at approximately $253.2 billion. Gromen's analysis suggests that the growth of stablecoins, driven by government policies, could have a profound impact on Bitcoin's market capitalization. This potential surge in Bitcoin's value is tied to the increasing demand for stablecoins and their role in financing government deficits.