Veteran Macro investor Luke Gromen says he loves Bitcoin (BTC) because of the potential to influence the demand for American treasury.
In a new video update, the founder of the Macro -economic research agency Forest For The Trees (FFTT) says that the Trump administration is able to stimulate the demand for American bonds after the president has signed an executive order to make a strategic bitcoin -reserve.
A Bitcoin bull market generally increases the demand for dollar-pegged crypto-assets and, according to Gromen, could ultimately stimulate the demand for American treasury chest.
“Note that the Trump administration is still talking about placing T-Bills (Treasury Bills) in Stablecoins, using Stablecoins as a means to stimulate the demand for T-Bills. And of course they have spoken about the strategic Bitcoin reserve.
In all that has been left behind that the higher the Bitcoin price, the more stablecoin question, the more T-BILL question there is …
I think the underlying theme of [the] The US government urgently needs a balance and stablecoins and that is why Bitcoin can help the US government find balance. I think that is definitely still in the game.
It is one of the reasons why we still love Bitcoin about the intervening longer term. “
Stablecoin emissioners such as Tether and Circle mainly trust Treasury Bills to support their coins on a 1: 1 -based. From December 2024, Tether has invested more than $ 94.47 billion in T-Bills to support USDT. In the meantime, Circle has $ 22.047 billion in T-Bills from February this year to support USDC.
In addition, two Stablecoin accounts that go through the congress, the stable law of 2025 and the Genius Act of 2025, emennial, require issuers to invest in T-bills and other real assets to support their coins.
https://www.youtube.com/watch?v=KTFZW2MNKWS
Follow us on X, Facebook and Telegram
Don’t miss a beat – Subscribe to get e -mail notifications directly to your inbox
Check price promotion
Surf the Daily Hodl -Mix
Generated image: midjourney