Stablecoin Market: A Clear Path to Bitcoin Over $700k?

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Stablecoin Market: A Clear Path to Bitcoin Over $700k?Crypto Stablecoins Market Cap, $CRYPTOCAP:STABLE.CHenriqueCentieiroI've been following the strong correlation between stablecoin liquidity ( USDT, USDC, etc, here represented by STABLE.C), and the Bitcoin price, and there's a very clear correlation between both. Why is there a correlation between the stablecoin market and BTCUSD? An increase in stablecoin market cap means that more money is available to be invested in crypto and Bitcoin. The more stablecoin liquidity exists, the easier it is for investors to invest in crypto. That's why we see a very strong correlation between the stablecoin liquidity and Bitcoin: the long-term correlation is 86%. So now we know that BTC price follows the stablecoin liquidity. The GENIUS Act and the stablecoin market Treasury Secretary Scott Bessent recently posted that the stablecoin market could grow from the current $263 billion to $3.7 trillion. the data comes from a BIS report. Why does this matter? If the stablecoin market grows to $3.7 trillion and we continue to observe the high correlation with Bitcoin, the Bitcoin price would land between $700k and $1 million by 2030. Let me know your thoughts!