The U.S. government is considering promoting dollar stablecoins overseas through joint ventures with private companies to strengthen the dollar's reserve status and increase demand for U.S. Treasury bonds. Everything the U.S. does, including targeting Iran, is all for dollar hegemony. Promoting stablecoins will inevitably benefit certain assets: Top priority: $USDC $CRCL Second priority: Core distributors and partners of $USDC. Stablecoin expansion overseas typically starts with exchanges and wallet channels. $COIN will benefit indirectly. I’ll look for opportunities to go long on both of these. $CRCL had a wave of gains, took profits and exited. $COIN is performing well, holding on tight. Chart-wise: $CRCL is in a large consolidation phase (forming a bottom) on the daily timeframe. The lows are gradually rising.