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Bitcoin Targets $200,000 As Max Keiser Cites Stablecoin Treasury Buys | US Crypto News

3 mins
Updated by Mohammad Shahid
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In Brief

  • Max Keiser warns that stablecoin issuers’ use of Treasury yields to buy Bitcoin could undermine US government reserves.
  • Tether plans another dollar-pegged stablecoin, as the stablecoin market could hit $2 trillion by 2028, spurring institutional adoption.
  • Keiser predicts Bitcoin will reach $200,000, triggering panic buying among governments and individuals misled by stablecoins.
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Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.

Grab a coffee as we discuss the implications of growing stablecoin adoption on Bitcoin (BTC) price. While the proliferation of these dollar-pegged tokens accentuates crypto adoption, not all is as it seems, according to Bitcoin pioneer Max Keiser.

Crypto News of the Day: Stablecoins Could Send Bitcoin Price Over $200K, Max Keiser

Crypto markets continue to witness growing institutional adoption, with inflows into digital asset investment products surging to $2 billion last week.

The Trump family’s World Liberty Financial (WLFI) is making headlines on the stablecoin front. Its USD1 stablecoin recently surpassed the $2 billion market capitalization threshold.

In the same tone, Tether is reportedly considering another dollar-pegged stablecoin despite being the issuer of USDT, the largest stablecoin by market cap metrics.

Amid surging adoption, the US Treasury forecasts a $2 trillion market cap for the stablecoin sector by 2028.

“Evolving market dynamics, structures, and incentives have the potential to accelerate stablecoins’ trajectory to reach ~$2 trillion in market cap by 2028,” the report read.

In a recent US Crypto News publication, Bitcoin pioneer Max Keiser warned that stablecoins could “work the US dollar to death” and potentially exacerbate US debt levels. In a follow-up commentary, the Bitcoin pioneer voiced additional concerns.

According to Keiser, institutional adoption and regulatory legitimization of US dollar-pegged stablecoins artificially inflate demand for the dollar. He also notes that this diverts attention from Bitcoin, especially as its price remains below the $100,000 mark.

bitcoin price chart
Bitcoin Weekly Price Chart. Source: BeInCrypto

Keiser argues that this shift benefits stablecoin issuers, leveraging interest from their Treasury holdings to accumulate Bitcoin at lower prices.

However, Keiser warns that such dynamics could undermine initiatives like the proposed US Strategic Bitcoin Reserve, which aims to bolster national holdings of the pioneer crypto.

“The stablecoin issuers are the last bastion of dollar demand globally as de-dollarization threatens to decapitalize the US economy,” Keiser said in an interview with BeInCrypto.

According to the Bitcoin maxi, stablecoin issuers use interest from the treasuries they buy to buy cheap Bitcoin under $100,000 to distract Trump from buying BTC for the strategic reserve.

US Dollar Value To Diminish Relative to Bitcoin

In his opinion, when Bitcoin crosses the $200,000 threshold, panic buying will surge among individuals and governments previously misled by stablecoin issuers.

“As Bitcoin crosses $200,000 panic buying by people and governments who’ve been hoodwinked by stablecoin issuers will accelerate,” Keiser added.

He further asserted that all fiat currencies, including the Yen and Euro, will eventually devalue to zero against the US dollar and its stablecoin counterparts. He said this would be before the dollar itself diminishes in value relative to Bitcoin.

“This is how Bitcoin tops $2,200,000 a coin this cycle,” Keiser concluded.

As BeInCrypto highlighted in an earlier US Crypto News publication, Max Keiser believes Bitcoin can achieve $2.2 million per coin. As reported, he cited institutional FOMO and competition between 21 Capital and MicroStrategy.

Chart of the Day

total stablecoin market cap
Total stablecoin market cap. Source: DefiLlama

This chart shows that the stablecoin market cap is up by almost $40 billion in 2025, rising from $203.372 billion on January 1 to $242.977 billion as of this writing. This represents a 19.47% surge in just under five months.

Byte-Sized Alpha

Here’s a summary of more US crypto news to follow today:

Crypto Equities Pre-Market Overview

CompanyAt the Close of May 2Pre-Market Overview
Strategy (MSTR)$394.37$384.40 (-2.53%)
Coinbase Global (COIN)$204.93$201.20 (-1.82%)
Galaxy Digital Holdings (GLXY.TO)$26.84$29.95 (+11.60%)
MARA Holdings (MARA)$14.48$14.11 (-2.56%)
Riot Platforms (RIOT)$8.39$8.24 (-1.79%)
Core Scientific (CORZ)$8.74$8.61 (-1.49%)
Crypto equities market open race: Finance.Yahoo
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Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

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Lockridge Okoth
Lockridge Okoth is a Journalist at BeInCrypto, focusing on prominent industry companies such as Coinbase, Binance, and Tether. He covers a wide range of topics, including regulatory developments in decentralized finance (DeFi), decentralized physical infrastructure networks (DePIN), real-world assets (RWA), GameFi, and cryptocurrencies. Previously, Lockridge conducted market analysis and technical assessments of digital assets, including Bitcoin and altcoins such as Arbitrum, Polkadot, and...
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