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Stablecoins: way to preserve dollar's global dominance
US Treasury Secretary Scott Bessent said yesterday
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US Treasury Secretary Scott Bessent said yesterday that cryptocurrencies will help preserve the dollar's global dominance. According to him, the United States intends to become a leader in digital assets precisely to strengthen the global influence of the American currency. That is a powerful signal for the market, because over recent weeks Washington has gradually opened the banking perimeter to crypto issuers, and now an ideological framework has appeared that explains this course. Stablecoins occupied a central place in his remarks. Bessent stressed that their wider adoption will
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