The Rise of USD Stablecoins: America’s Digital Empire Has Started

bitcoin crypto financial

For years, people have said cryptocurrencies would replace the US dollar. Others claim de-dollarization is here and the dollar is “finished.” But what if the opposite is happening? What if the dollar is not dying at all—it’s getting stronger and doing it quietly through digital dollars and stablecoins?

Most people missed this shift. I almost did too. It wasn’t loud or dramatic. It was a subtle move that changed everything about how the dollar works in a digital world.

And when I came across Brent Johnson—the guy behind the Dollar Milkshake Theory—everything finally made sense. What he laid out wasn’t just smart. It showed how the US has been building a new empire, not with tanks or sanctions, but with computer code.

This is the rise of USD stablecoins, and why this may be one of the biggest shifts in financial history.



When the Dollar Became the World’s Problem

To understand what’s happening now, you need to rewind to 1971. That was the year President Nixon cut the last tie between the US dollar and gold. Other countries were furious. They felt betrayed.

But US Treasury Secretary John Connally walked into a room of angry European finance ministers and said:

“Yes, the dollar is our currency… but it’s your problem.”

He was right.

Countries had two options:
• abandon the dollar
• or adapt to a system built around it

They stayed. And for the next 50 years, the dollar didn’t just survive—it became the backbone of global finance.

Despite all the “end of the dollar” headlines, the truth is simple:

The dollar has never been more important globally than it is right now.

But here’s the twist. The next phase of dollar dominance isn’t about printing money, interest rates, or sanctions. It’s digital.



The Genius Behind Stablecoins

Stablecoins seem harmless on the surface. They’re just digital versions of the US dollar that move faster, settle instantly, and work on the blockchain.

But according to Brent Johnson, over 99% of all stablecoins issued worldwide are tied to the US dollar, not the Euro, not the Yuan, not gold. That’s no accident.

Stablecoins aren’t killing the dollar.

They’re amplifying it.

They let the dollar spread into every country with a smartphone. They work outside banks. They’re fast, programmable, and easy to use.

And then comes one of the most important pieces of legislation almost no one is talking about:

The GENIUS Act

Its official goal is to “regulate stablecoins.”
But here’s what it really does:

It requires stablecoins to be backed by short-term US Treasuries or US dollars.

This means:

Every major stablecoin issuer must buy US government debt.

That’s billions—and eventually trillions—of forced demand for US Treasuries, built directly into the system.

The US didn’t fight crypto.

It hijacked it.

Stablecoins now fund the US government, extend dollar power, and spread digital dollars globally—without needing banks, foreign approval, or military force.



The New Digital Dollar Empire

Stablecoins give people in collapsing economies a fast exit from their local currency. Countries like Argentina, Turkey, and Nigeria are already seeing this. Instead of trusting their own money, people turn to digital dollars on their phones.

A decade ago, you needed the black market to get dollars.
Today, you need a smartphone.

And every time someone switches to a US-backed stablecoin, they’re plugging directly into the US monetary system.

This gives the US three things:

  1. More demand for dollars

  2. More global influence

  3. More control through programmable money

This isn’t done with armies. Or sanctions.
It’s done with computer code.

Brent Johnson calls it:

“Empire by Code.”



Where This Might Be Headed

If Brent’s analysis is right, the US isn’t losing monetary power—it’s evolving it. The dollar is moving from paper to programmable code. Stablecoins may be the bridge to something even bigger:

CBDCs—central bank digital currencies.

Once people get used to digital dollars on their phones, switching to a government-issued digital dollar becomes simple.

And this new system comes with strings attached:
• more traceable
• more enforceable
• more centralized
• more controlled

But also:
• faster
• more stable
• more convenient

Will the world accept this long term? Hard to say. Countries like China, Russia, and BRICS members are trying to build alternatives. But the dollar grip is still strong — and stablecoins made it even stronger.



So What Does All of This Really Mean?

The dollar didn’t die in the crypto revolution.
It adapted.

Instead of fighting crypto, the US used parts of it to rebuild and reinforce the very system people thought it would destroy.

People around the world are choosing to use stablecoins because:
• their own currencies are failing
• they want stability
• they need something that actually works

And behind the scenes, this strengthens the US dollar even more.

Brent Johnson’s theory flips the narrative:

Crypto may have empowered the very system it tried to disrupt.



Final Thoughts

I never expected to go this deep into stablecoins. For the longest time, I thought they were just another crypto tool. But Brent Johnson’s research forced me to look closer.

When you zoom out and look at the architecture—not the headlines—the system looks less like chaos and more like a plan.

Are we watching the rise of a digital dollar empire?
Or the beginning of something more controlled and more centralized?

Let me know what you think.

Is this a brilliant evolution of the dollar?
Or the start of something more dystopian?

Share your thoughts in the YouTube video comments. Thanks for reading and see you there.

About The Author

Noel Lorenzana is an Illinois-licensed, Registered Certified Public Accountant with over 20 plus years of experience.

Through his online educational content, YouTube videos, easy-to-understand courses and 1-on-1 consulting, he gives you the tools to become tax savvy for yourself. 

Disclaimer: Any accounting, business or tax advice contained in this article, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties.