Surprising Alignment in Antitrust Policy: Trump 47 and Biden
One of the more unexpected policy continuities between Trump and Biden is in antitrust enforcement.
That continuity helps explain why the stablecoin narrative is gaining momentum: There's bipartisan appetite to challenge entrenched digital infrastructure, from payments to platforms.
Case in point: A federal judge just denied Visaโs attempt to dismiss a DOJ antitrust case. The DOJ alleges Visa used its market power, handling over 60% of U.S. debit transactions, to penalize merchants who explored alternatives.
The trend isnโt isolated to finance: In 2025, the DOJ under Trump 47 continued its push against Google, advancing efforts to break up the companyโs advertising technology business and proposed banning default search deals tied to Chrome and Android.
Thus, across both parties now we see a consensus to rein in gatekeepers, underscoring a core use case for stablecoins: permissionless, programmable payments that bypass legacy toll collectors.
One of the more unexpected policy continuities between Trump and Biden is in antitrust enforcement.
That continuity helps explain why the stablecoin narrative is gaining momentum: There's bipartisan appetite to challenge entrenched digital infrastructure, from payments to platforms.
Case in point: A federal judge just denied Visaโs attempt to dismiss a DOJ antitrust case. The DOJ alleges Visa used its market power, handling over 60% of U.S. debit transactions, to penalize merchants who explored alternatives.
The trend isnโt isolated to finance: In 2025, the DOJ under Trump 47 continued its push against Google, advancing efforts to break up the companyโs advertising technology business and proposed banning default search deals tied to Chrome and Android.
Thus, across both parties now we see a consensus to rein in gatekeepers, underscoring a core use case for stablecoins: permissionless, programmable payments that bypass legacy toll collectors.