Michael Saylor said Bitcoin-backed stablecoins pegged to the US dollar could play a significant role in the future of digital currency and might offer annual returns of 6 to 8 percent under his model. He described Bitcoin as the base layer of a digital capital structure, with digital credit instruments in the middle and these stablecoins as a potential next product. Saylor noted the returns are based on his envisioned structure rather than any live product, and that combining Bitcoin with cash assets could improve resilience, though feasibility still depends on collateral management, liquidity, and regulation.