US Treasury Secretary says Trump's crypto policy will 'consolidate' US dollar hegemony

Odaily Planet Daily News: US Treasury Secretary Bessett stated that Trump's push for cryptocurrencies and stablecoins will strengthen the global dominance of the US dollar. He believes that stablecoins have the potential to become the largest buyer of US Treasury bonds and are a key factor in "locking in" the dominance of the US dollar. Previously, the Senate had just passed stablecoin legislation, and Trump hoped to sign the bill before August. （The Block）