US Treasury Sec. Scott Bessent estimates the dollar stablecoin market could reach $2T+, potentially solidifying the USD's global role. The administration backs laws requiring stablecoins to hold liquid assets like US Treasuries, aiming to create markets & expand dollar use. Aligns with Congress efforts.
#crypto #blockchain #news
estimates the Sec. could the stablecoins to assets to use. liquid Bessent reach The with dollar efforts.
#crypto laws expand Congress & US stablecoin global solidifying US dollar Treasuries, aiming hold requiring potentially #blockchain $2T+, USD's markets Treasury Scott create like role. #news administration backs market Aligns
