PANews reported on January 24 that according to OKG Research analysis, unlike Bitcoin, which indirectly resolves debt, stablecoins such as USDT and USDC are creating more direct demand for U.S. Treasury bonds. Benefiting from the advancement of U.S. legislation and the increase in global stablecoin adoption, it is expected that the market value of stablecoins will exceed US$400 billion in 2025, and the new demand for U.S. Treasury bonds will exceed US$100 billion. The stablecoin market is expected to rank among the top ten U.S. Treasury bond holders in the world.

The report pointed out that if the crypto market continues to maintain its growth momentum, stablecoins will become an important "invisible pillar" of the U.S. bond market, and their direct demand for U.S. bonds will exceed the indirect returns brought by the strategic reserves of Bitcoin.