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This is part 20 of the crypto series. In this episode we review a presentation that was made by the Treasury Borrowing Advisory Committee (TBAC) titled “Digital Money.” The Treasury believes that U.S. dollar-pegged stablecoins are on track to reach an aggregate market capitalization of approximately $2 trillion by 2028. Links to the Treasury presentation, press release, and Zero Hedge article are included below.

Link: Report to the Secretary of the Treasury from the Treasury Borrowing Advisory Committee | U.S. Department of the Treasury

Link: TBACCharge2Q22025.pdf

Link: Stablecoins On Track For $2 Trillion Market Cap By 2028: US Treasury | ZeroHedge

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