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Bo Hines: GENIUS Act aims to consolidate US financial dominance

PANews
PANews|May 16, 2025 15:26
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.
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Timeline

Jun 12, 01:46【The size of the stablecoin market is expected to reach $2 trillion】
Jun 12, 01:37【The market size of US dollar stablecoins is expected to reach 2 trillion US dollars】
Jun 12, 01:35【The market size of US dollar stablecoins is expected to reach 2 trillion US dollars】
Jun 05, 06:00【Hong Kong Securities Regulatory Commission plans to open up virtual asset derivative trading to professional investors】
Jun 05, 01:08【YZi Labs invests in hardware wallet company OneKey】
Jun 04, 07:37【South Korean President Lee Jae myung's Cryptocurrency Promise】
Jun 04, 07:35【South Korean President Lee Jae myung's Cryptocurrency Promise】
Jun 02, 15:53【The United States strengthens the status of the US dollar through the stablecoin bill】
Jun 02, 06:26【Singapore MAS releases final regulatory response document for DTSP】
Jun 01, 12:51【Katana Extension and Revenue Recycling to DeFi Applications】

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