Crypto: What's the Next Milestone for Bitcoin and Stablecoins?

By: Swarnalata

Published on: Jun 13, 2025

Bitcoin has crossed a historic threshold. For the first time, BTC-USD has maintained its position above $100,000 for over a month, solidifying its role as a key asset in global markets. This achievement not only reflects strong investor confidence but also points toward the mainstream integration of cryptocurrencies. Meanwhile, stablecoins—once seen as crypto’s safe harbor—are now entering the legislative spotlight, with U.S. Treasury Secretary Scott Bessent predicting a $2 trillion U.S. market in the near future.

But the big question is: what's next? What milestones will shape the next chapter for Bitcoin and stablecoins?

Let’s dive into the evolving landscape, investor expectations, and upcoming regulatory frameworks to understand where the market is headed.

Bitcoin’s New Normal: Holding Above $100,000

Bitcoin’s rise past $100,000 isn't just psychological—it's structural. Holding above this level for over 30 days marks a significant shift in investor behavior and market sentiment.

Why is this milestone critical?

1. Institutional Adoption:
   The sustained rally is largely supported by institutional capital. From BlackRock's spot Bitcoin ETF to pension funds and sovereign wealth funds diversifying into crypto, Bitcoin has achieved asset-class legitimacy.


2. Limited Supply + Demand Shock:
   With the latest halving event, Bitcoin's block rewards were cut in half again, tightening supply. As demand grows, especially from traditional finance (TradFi), prices are expected to remain bullish.


3. Macro Factors:
   High inflation, geopolitical instability, and a weakening dollar have turned Bitcoin into a macro hedge, akin to digital gold.

What’s Next for Bitcoin?

According to Andy Baehr, managing director at CoinDesk Indices, Bitcoin may have more room to run. “As we see stablecoin adoption rise and ETFs push crypto into retirement accounts, the next ceiling could be $150,000 or even $200,000—if macro conditions align,” he shared on Yahoo Finance’s Catalysts.

The Stablecoin Surge: A $2 Trillion Future

While Bitcoin is grabbing headlines, stablecoins are quietly preparing to reshape global finance. Once dismissed as tools only for crypto arbitrage or DeFi, stablecoins are now on the verge of mainstream financial integration.

Scott Bessent’s Vision:

Speaking to Congress, Treasury Secretary Scott Bessent emphasized that he expects the U.S. stablecoin market to grow to $2 trillion—roughly ten times its current size. This isn't mere speculation; it reflects deeper moves:

• Federal Reserve discussions about launching a central bank digital currency (CBDC).


• Visa and Mastercard integrations with USDC and other major stablecoins.


• The emergence of tokenized treasury bills and bonds on blockchain.

Key Growth Drivers for Stablecoins:

1. Cross-Border Payments:
   Stablecoins are streamlining global remittances, often reducing costs from 7% to under 1%. This alone could drive multi-billion-dollar usage.


2. DeFi and Tokenization:
   In DeFi platforms, stablecoins provide liquidity, staking opportunities, and credit collateral. Furthermore, tokenized assets like real estate and bonds are typically priced in stablecoins.


3. Regulatory Clarity (Coming Soon?):
   A stable regulatory framework could lead to mass adoption among fintechs, banks, and e-commerce platforms.

The Legislative Landscape: What to Watch

The U.S. Congress is now under pressure to deliver clear legislation for stablecoins, particularly concerning:

• Reserve requirements


• Licensing frameworks


• Consumer protections


• Interoperability with CBDCs


• According to Andy Baehr, “Investors are waiting on clarity. Once regulation is set, we could see a flood of institutional interest into stablecoins, mirroring the recent Bitcoin ETF effect.”

A pivotal moment could arrive by late 2025, when a bipartisan stablecoin bill may be passed. Until then, states like New York and Wyoming are creating their own frameworks to attract crypto innovation.

How Stablecoins Impact Bitcoin’s Trajectory

It might seem ironic, but stablecoins can actually support Bitcoin’s next bull run. Here’s how:

1. Onboarding Liquidity:
   Stablecoins serve as the fiat gateway for crypto exchanges. As stablecoin circulation increases, so does the onboarding pipeline for Bitcoin.


2. Volatility Hedge:
   Traders often shift between BTC and stablecoins, creating an internal ecosystem that stabilizes Bitcoin prices at higher levels.


3. Institutional Infrastructure:
   As stablecoin rails become regulated, institutions gain more confidence to use crypto—starting with stablecoins, but eventually moving into Bitcoin and Ethereum.

The Broader Picture: Global Crypto Trends

Globally, crypto adoption is on the rise. Key movements include:

• Europe’s MiCA regulation setting a legal precedent for crypto businesses.


• China’s e-CNY (digital yuan) accelerating CBDC innovation.


• Latin American and African countries adopting Bitcoin and stablecoins for inflation protection and remittances.

These developments add to a global narrative where crypto isn't fringe—it’s financial evolution.

Potential Risks Ahead

Despite the optimism, certain challenges remain:

• Regulatory backlash in jurisdictions with strict financial oversight.


• Technical issues such as network congestion and smart contract exploits.


• US elections and Fed policy could affect risk appetite for crypto in general.

Investors should remain informed, diversify portfolios, and watch legislative news closely.

Conclusion: The Path Forward

As Bitcoin stabilizes above $100,000 and the U.S. eyes a $2 trillion stablecoin market, it’s clear that crypto’s next era is underway. The synergy between store-of-value assets like Bitcoin and transactional tokens like stablecoins will define digital finance in the coming years.

The key milestones to watch now include:

• Bitcoin’s approach to $150K


• Stablecoin regulations by U.S. lawmakers


• Growth of tokenized assets and digital dollar pilots

Whether you're a long-term holder, institutional fund manager, or casual trader, 2025 could be the year that digital assets reshape how the world thinks about money.