KEVIN O’LEARY: An incredible investment opportunity that ordinary Americans are ignoring is about to be unlocked

President Donald Trump has vowed to make America ‘the undisputed Bitcoin superpower and the crypto capital of the world’.

An investor like me sees a coming gold rush.

But I won’t be mining the rocks. I’m investing in the picks and shovels.

Let me explain.

At an address played at a crypto summit in New York City last week, Trump announced that he had ended the Biden administration’s ‘regulatory war on crypto and Bitcoin’ and called on Congress ‘to pass landmark legislation creating simple, common-sense rules for stablecoins and market structure.’

Indeed, after a chaotic decade, US regulators are finally determined to bring the crypto cowboys and their unregulated markets under control.

The Biden White House sought to do this through litigation – by suing crypto platforms into compliance with financial regulatory standards.

That largely didn’t work – because there are still too few laws to establish clear rules of the road.

Now, there’s a new sheriff in town. And the Trump administration’s strategy is to incorporate cryptocurrency into the world financial system. But a majority of invested assets in the world are in sovereign wealth funds and pension plans. And they don’t do any cowboy investing. So, if crypto is going to work, it must be trustworthy.

The first, and most critical legislation, expected to be debated in the Senate in the next few weeks, is the bipartisan Genius Act.

This bill creates the first-ever digital US dollar. This stable coin – which is a cryptocurrency that is pegged to the value of a commodity or currency, making it less volatile – would be backed one-to-one with US dollars. And it would be strictly regulated, making it safe and reliable to hold and spend.

Most commodities on Earth – from oil to gas to pork – are already traded in US dollars, so it makes sense that the world’s first digital currency would also be tied to the greenback.

Additionally, America’s adversaries, including China, Russia and some South American countries, are trying to replace the US dollar as the world currency to undermine US influence.

The significance of a US stable coin cannot be understated.

So, what’s the best way to invest in this? I, of course, own some crypto. But that’s not the opportunity that I am most interested in.

I’m excited to buy a piece of the new global digital payment system that a US stable coin will create.

Currently, if I want to buy a watch from a watchmaker in the United Kingdom, I must either make the purchase by credit card (and pay a fee to the credit card company) or wire the money from a bank (and pay a bank fee). International commerce is further hamstrung when a buyer is forced to convert their payment into the seller’s preferred currency and pay yet another fee.

A US stable coin would make such transactions virtually free.

Right now, three major crypto exchange platforms allow individuals to send and receive crypto: Robinhood, Coinbase and Wonderfi, which operates in Canada. I am a shareholder of all three of these companies and I am, additionally, a strategic investor in Wonderfi.

If the US stable coin becomes a reality, imagine the volume of transactions that will flow through these platforms worldwide 24-7.

This new digital payment system will unlock a virtual gold mine of commerce and I want to be selling the picks and shovels.