# stablecoin adoption

Regulators are moving to domesticate digital assets as market plumbing and product wrappers reshape the next cycle. BitGo's IPO filing, a 630% surge in Bolivian USDT usage, and $268M in staking outflows underscore how liquidity timing and institutional infrastructure—not price—are driving crypto's near-term trajectory. Traders also eye the U.S. Treasury General Account nearing $850B as a potential risk-on catalyst.