The smallest monoid containing a 2-testable semigroup is defined to be a 2-testable monoid. The well-known Brandt monoid B21 of order six is an example of a 2-testable monoid. The finite basis problem for 2-testable monoids was recently addressed and solved. The present article continues with the investigation by describing all monoid varieties generated by 2-testable monoids. It is shown that there are 28 such varieties, all of which are finitely generated and precisely 19 of which are finitely based. As a comparison, the subvariety lattice of the monoid variety generated by the monoid B21 is examined. This lattice has infinite width, satisfies neither the ascending chain condition nor the descending chain condition, and contains non-finitely generated varieties.