Boom Alert: MEXC's Tracy Jin Says $1 Billion in Stablecoins Could Surge Bitcoin by 8-10%!

Listen up, crypto fans! Tracy Jin, the dynamo COO at MEXC, just dropped a bombshell. She's forecasting that a cool billion in stablecoin inflows could pump Bitcoin's price up by a solid 8-10%!

Bitcoin (BTC) is riding the wave of liquidity like never before, thanks to those stablecoins. On a sizzling Wednesday, April 30, Tracy Jin spilled the beans to crypto.news about how stablecoins are becoming the lifeblood of the Bitcoin world.

"We're seeing a flood of fiat turning into Tether and Circle, all rushing straight into Bitcoin. That's the real engine behind its price surge this year. Drop another billion in stablecoins, and watch Bitcoin soar by 8 to 10 percent," Tracy Jin of MEXC declared.

Jin didn't stop there. She highlighted that even with the global economy doing its rollercoaster act, stablecoins are still in hot demand. The total stablecoin market cap has ballooned by over $38 billion this year, and it's only going up from here. This flood of cash is setting the stage for Bitcoin to skyrocket.

"Even with the market going wild, stablecoin demand is rock solid, up over $38 billion this year. They're now 1% of the world's M2 USD money supply, moving over $33T in the last year, with $2.8T just last month alone," she emphasized.

Stablecoins Could Hit a Jaw-Dropping $2 Trillion by 2026

Here's where it gets mind-blowing: stablecoins are the bridge between old-school finance and the wild world of crypto. They're crucial for investors, especially when the market gets shaky. Tracy Jin believes this vital role could catapult the stablecoin market cap to a staggering $2 trillion by 2026.

"With banks and big corporations jumping into stablecoin creation, not just in dollars but other currencies too, and governments finally getting their act together on regulations, we could see the stablecoin market cap blast past $2 trillion by 2026. They're not just a hedge against volatility; they're a launchpad for throwing more capital into the mix," Tracy Jin of MEXC predicted.

That's a whopping 200% jump from today's $241 billion. For Bitcoin, this means a tsunami of liquidity, pushing its price to new heights.