The Fall of USD: Gold, Stablecoins, and Bitcoin, Who Will Shape the Future?
Against the backdrop of soaring fiscal deficits and persistent inflationary pressures, the U.S. dollar's reign as the world’s reserve currency is facing its most serious challenge in history. Meanwhile, a quiet competition is unfolding among multiple forms of money.
1. The Return of Gold: PT to $3700! From Safe-Haven Asset to Legal Tender?
Last week, a piece of legislation in Florida brought the long-dormant idea of a gold and silver standard back into the spotlight.
The new law formally recognizes gold and silver as legal tender in the state and establishes a legal framework for taxation, custody, and payment. Scheduled to take effect in July 2026, this marks a substantial shift for precious metals from “investment assets” to actual mediums of exchange within the payment system.
Florida Governor Ron DeSantis pointed out that the US dollar's purchasing power has continuously declined over the past decade, while gold has nearly tripled in value. Goldman Sachs Research predicts $Gold - main 2508(GCmain)$ will rise to $3,700 a troy ounce by the end of 2025 as central banks buy many tonnes of the precious metal every month.
2. Bitcoin: Speculative Bubble or Digital Gold?
Bitcoin recently surged past $110k. Often hailed as “digital gold,” it is praised for its limited supply and censorship resistance, positioning it as the ultimate hedge against inflation and monetary manipulation. However, its extreme volatility has hindered its adoption as a practical payment medium or stable store of value in the real economy.
3. Stablecoins: A Digital Lifeline for the Dollar and US Treasuries?
Stablecoins are deeply intertwined with Bitcoin’s rise.
In 2014, Tether launched the Realcoin project (later USDT) to solve Bitcoin’s volatility by introducing a dollar-pegged digital currency. However, Tether has faced criticism over opaque reserves and regulatory issues. In response, $Circle Internet Corp.(CRCL)$ and $Coinbase Global, Inc.(COIN)$ jointly launched USDC, fully backed by USD reserves and committed to monthly audits and transparent disclosures, earning both market trust and regulatory support.
US Treasury Secretary Bessent has made the strategic stance clear:
“We will use stablecoins to preserve the dollar’s status as the world’s primary reserve currency.”
According to the latest SEC filing, Circle has raised its IPO target from $600 million to nearly $900 million, reflecting strong capital market confidence in its role as a “digital dollar infrastructure” provider.
Circle earns revenue from interest on its holdings of U.S. Treasuries and cash reserves — totaling $558 million in Q1 2025 alone — demonstrating robust profitability.
Discussion Questions:
Do you believe asset tokenization is the direction of the future?
Do you support Florida’s return to a gold and silver standard?
Is gold still the most reliable store of value?
Would you participate in Circle’s IPO?
Post directly in the topic: 1. Global Turmoil: Is Gold Headed Beyond $3,500? 2. From Stablecoin to IPO: Is Circle the Future We’re Betting On? or leave your comments on this post to win tiger coins~
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gold is something to keep as "insurance". when in "crisis", gold will be valuable.
Last week, a piece of legislation in Florida brought the long-dormant idea of a gold and silver standard back into the spotlight.
The new law formally recognizes gold and silver as legal tender in the state and establishes a legal framework for taxation, custody, and payment. Scheduled to take effect in July 2026, this marks a substantial shift for precious metals from “investment assets” to actual mediums of exchange within the payment system.
Do you believe asset tokenization is the direction of the future?
Do you support Florida’s return to a gold and silver standard?
Is gold still the most reliable store of value?
Would you participate in Circle’s IPO?
All valid comments will receive 5 Tiger Coins.
The first 10 and last 10 valid comments will receive an additional 10 Tiger Coins.
BTC the digital gold is here to stay.
Stablecoins want to keep BTC company