US Treasury Secretary Besson: GENIUS Act Passes to Attract Global Users to Join US Dollar Based Digital Asset Economy

According to a report by Golden Finance, US Treasury Secretary Besson stated on X platform that recent reports predict that the size of the stablecoin market may reach $3.7 trillion in the next decade. With the passage of the GENIUS bill, the prospects for the stablecoin market will become even brighter. The stable currency ecosystem will promote the private sector's demand for US treasury bond, which is the support of the stable currency. This new demand is expected to reduce government borrowing costs, help control national debt, and may also attract millions of new users worldwide to join the US dollar based digital asset economy, which is a win-win situation for all participants.