Stablecoins: A Dollar Trojan Horse and a Mission Field
Useful rails. Not the endgame.
Stablecoins are having a moment. They move fast. They feel familiar. They promise stability in a volatile world. For many, they look like the future of money.
But before we crown them king, we need discernment.
Because stablecoins are not new money. They are old money in new clothes. They are digital representations of fiat currency, most often the U.S. dollar, wrapped in blockchain rails. One token. One dollar. In theory.
That distinction matters.
Bitcoin was created to be money without a ruler. Stablecoins are money with a reference point. They do not escape the system. They extend it.
That does not make them evil.
It makes them revealing.
Stablecoins are incredibly useful. They allow people to move value across the world instantly. They reduce friction in payments. They open access to financial tools for billions who have been excluded. For businesses, they simplify settlement. For emerging markets, they offer dollar access without a bank.
Those are real benefits.
That is why governments are paying attention. Regulation, such as the GENIUS Bill, is coming not to ban stablecoins, but to formalize them. To make them safe. To make them scalable. To make them part of the plumbing.
Some projections suggest stablecoins could reach trillions in circulation by the end of the decade. That is not hype. That is demand.
That said, here is the Kingdom tension. Stablecoins expand crypto adoption while reinforcing fiat dependence. They onboard the world to digital rails without challenging the underlying monetary philosophy. They make the dollar faster. Cheaper. More global.
Stablecoins do not make fiat money sound. This is where many believers get confused. Bitcoin is not trying to be efficient dollars. It is trying to be honest money. Bitcoin has no issuer. No peg. No promise to redeem. It does not depend on reserves or regulators. It operates on truth, not trust.
Stablecoins depend on trust. Trust in issuers. Trust in reserves. Trust in policy. That trust can work. Until it does not.
From a Kingdom lens, stablecoins are tools. Powerful ones. But tools nonetheless.
The danger is not in using them. The danger is in worshiping them.
Scripture speaks directly to this posture.
“I have the right to do anything,” you say, but not everything is beneficial. “I have the right to do anything,” but I will not be dominated by anything.
Tools are meant to serve. Not to rule. Stablecoins should never dominate our thinking about money. They should never become the destination. They are rails. Not sovereignty.
Stablecoins are often the first step for people entering the digital asset world. They feel safe. They feel familiar. They feel controlled. That makes them a mission field.
People start with stability. They often end up asking deeper questions. What backs this.
Who controls it. What happens when trust breaks. Those questions lead naturally to bitcoin.
Bitcoin does not promise stability in price.
It promises stability in rules.
That difference is everything.
In the Kingdom, God often meets people where they are, not where we wish they were. Stablecoins are where many are starting. We should not despise that. We should steward it.
Use stablecoins to move value.
Use them to transact.
Use them to onboard.
But do not confuse convenience with conviction.
Bitcoin is not a payment hack.
It is a moral statement about money.
Stablecoins may scale quickly. Bitcoin scales slowly. But it scales in truth.
One mirrors the existing system.
The other challenges it.
One asks for trust.
The other demands verification.
That is why stablecoins will grow alongside bitcoin, not replace it.
They are bridges.
Bitcoin is the land.
In the end, the Kingdom call is not to reject tools, but to master them. To use what is useful without surrendering what is essential.
Stablecoins are helpful servants.
They make terrible gods.
Bitcoin invites us into deeper stewardship.
Stablecoins invite us into wider access.
Both have a role.
Only one reshapes the foundation.
Discernment is the assignment.
Prayer 🙏🌍💱
Father God, Thank You for being our provider and our source of truth.
Give us discernment as new tools emerge and systems evolve. Help us use what is useful without being mastered by it. Teach us to steward technology wisely, to extend access with humility, and to anchor our trust in what is true.
Guard our hearts from convenience that replaces conviction.
Lead us to steward money in ways that honor justice, truth, and freedom.
And let every tool ultimately point people back to You.
In Jesus’ name, Amen. 🙏✝️🔥
Very good. Dad