MicroStrategy co-founder Michael Saylor stated in a CNBC interview on November 29 that stablecoins and Bitcoin operate in entirely different arenas. Saylor emphasized that stablecoins focus on payment efficiency, competing primarily with Visa, Mastercard, and traditional banking systems. He believes the US dollar will emerge as the biggest beneficiary from the global expansion of stablecoins. In contrast, Bitcoin is seen as "digital capital," with its core value lying in long-term value storage, competing against gold, real estate, public stocks, and other traditional capital assets.