Scott Bessent Thinks Stablecoin could Reinforce the U.S. dollar’s Global Dominance Rather than Threaten It

U.S. Treasury Secretary Scott Bessent has publicly stated that cryptocurrencies, particularly stablecoins, could reinforce the U.S. dollar’s global dominance rather than threaten it. In a video interview posted to X on June 18, 2025, Bessent argued that stablecoins, which are typically pegged to the U.S. dollar, could become significant buyers of U.S. Treasuries, thereby increasing [...]The post Scott Bessent Thinks Stablecoin could Reinforce the U.S. dollar’s Global Dominance Rather than Threaten It appeared first on Tekedia.

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