[US Treasury Secretary: Stable currency will expand the use of global dollars and promote the surge in demand for US treasury bond bonds] According to BlockBeats, on August 19th, US Treasury Secretary Besson stated that "implementing the GENIUS Act is crucial to ensuring America's leadership in the digital asset field. A stable currency will expand the use of billions of dollars worldwide and lead to a surge in demand for US treasury bond bonds. " Since the passage of the GENIUS Act in July, the supply of income based stablecoins has surged. The data shows that the biggest beneficiaries are Ethena's USDe and Sky's USDS, which can generate profits when pledged in their respective protocols. According to DefiLlama data, since July 18th, the circulating supply of USDe has increased by 70%, surpassing $10 billion and ranking third among all stablecoins in terms of market value. During the same period, the circulating supply of USDS increased by 23%, approaching $4.81 billion, ranking fourth in market value.