Bo Hines: GENIUS Act aims to consolidate US financial dominance

Bo Hines, Executive Director of President Trump's Digital Asset Advisory Council, tweeted that the GENIUS bill focuses on the strengthening role of stablecoins in the dominance of the US dollar, believing that they can help modernize payment infrastructure, improve transfer efficiency and transparency. He emphasized that digital asset technology is the core of the next generation of finance, and the United States is ready to lead the world in this field.