According to Mihir (@RhythmicAnalyst), the Federal Reserve currently has no platform to launch a Central Bank Digital Currency (CBDC), making stablecoins issued on public and private blockchains the only viable alternative for digital dollar settlements (source: Twitter, May 6, 2025). This development signals increased reliance on established USD-backed stablecoins like USDT and USDC, particularly on public blockchains, while banks are expected to utilize private blockchain-based stablecoins for institutional transfers. Traders should monitor potential demand surges and regulatory developments around major stablecoins, as well as the adoption rates of private blockchain solutions, since these factors could drive liquidity shifts and volatility in the broader cryptocurrency market.

According to Tether (@Tether_to), Paolo Ardoino highlighted at TOKEN2049 Dubai how USD₮ is enhancing global payment infrastructure by enabling faster, cheaper, and borderless transactions. Traders should note the increasing adoption of USD₮ in cross-border settlements and its growing influence on liquidity and transaction efficiency across global markets. This trend supports the stablecoin's role as a preferred vehicle for international crypto trading and remittances (source: @Tether_to, April 30, 2025).