Treasury Secretary Bessent Says Stablecoins Can Bolster US Dollar ‘Supremacy’
In brief Treasury Secretary Scott Bessent said stablecoins could strengthen dollar dominance and urged swift passage of federal crypto legislation. His comments came as Trump pushed Congress to fast-track the GENIUS Act after Senate approval, reversing last month’s failed procedural vote. Industry leaders welcomed the move but warned that political infighting and perceived conflicts could […]
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