**[Financial Times: Tether to Become the Seventh Largest Foreign Buyer of U.S. Treasuries by 2025, Stablecoin Regulation Sparks Division Among Trump Supporters]** Foresight News reports, according to the *Financial Times*, Tether is projected to have a net purchase of $28.2 billion in U.S. Treasuries by 2025, making it the seventh-largest foreign buyer. The combined U.S. Treasury holdings of Tether and Circle have already surpassed those of countries like South Korea and Saudi Arabia. U.S. Treasury Secretary Scott Bessent views stablecoins as tools to promote the dollar and absorb U.S. debt, predicting the industry's scale to grow from the current $300 billion to $3 trillion. Currently, the banking and cryptocurrency industries are competing over stablecoin regulations. JPMorgan Chase CEO Jamie Dimon and Coinbase CEO Brian Armstrong have differing views on related provisions. Banks are concerned that allowing third parties to pay interest on stablecoins could lead to retail deposits flowing into stablecoins, thereby increasing financial risks. This contention has caused divisions among Trump supporters, highlighting conflicts of interest between Wall Street banks and cryptocurrency industry donors.