Stablecoins to Boost Bitcoin and Ethereum Demand, Says deVere Group CEO
- Nigel Green, CEO of deVere Group, predicts stablecoin adoption will increase demand for Bitcoin (BTC) and Ethereum (ETH).
- Stablecoins could help lower US interest rates by boosting money circulation.
- The US is encouraged to create policies supporting dollar-pegged stablecoins to drive down interest rates.
- Major firms like JPMorgan, PayPal, and Fidelity are involved in stablecoin production.
- Stablecoins are expected to settle on the Ethereum network, potentially increasing its price.
Nigel Green highlights that stablecoin adoption could lower US interest rates and increase demand for Bitcoin and Ethereum. Major financial firms are already producing these digital assets.
Source (2.6)https://dailyhodl.com/2025/03/28/adoption-of-this-crypto-asset-class-will-increase-demand-for-bitcoin-and-ethereum-devere-group-ceo-nigel-green/?rand=59076
