Stablecoins could top $2T by 2028, says US Treasury Secretary
The US stablecoins market represents 96% of the global $247 billion market. The GENIUS Act cleared a key hurdle this week after passing a cloture vote in the US Senate. Bessent told senators that stablecoins represent a “new mechanism” to reinforce the US dollar’s global position. The US stablecoin market is heading for a regulatory […]
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