US Treasury Secretary Bessent: Cryptocurrencies Do Not Threaten the Dollar, Stablecoins Can Strengthen Dollar Hegemony
U.S. Treasury Secretary Bessent stated on the X platform that cryptocurrencies do not pose a threat to the U.S. dollar. In fact, stablecoins can reinforce the dollar’s dominant position. Digital assets are one of the most significant phenomena in the world today, yet they have long been overlooked by governments. This administration is committed to making the United States a hub for digital asset innovation, and the GENIUS Act brings us one step closer to that goal.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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