Stablecoins: A New Weapon for Dollar Dominance and New Buyers of U.S. Debt
At the Ripple Swell conference, U.S. Treasury Secretary Scott Bessent said stablecoins are becoming a channel for the dollar to expand into emerging markets worldwide, as well as new buyers of U.S. Treasury debt. They are not only a new weapon for dollar dominance, but could also become an important source of financing for the U.S. Treasury. Fund trackers, keep a close eye on these financial developments!#稳定币 #DollarDominance
At the Ripple Swell conference, U.S. Treasury Secretary Scott Bessent said stablecoins are becoming a channel for the dollar to expand into emerging markets worldwide, as well as new buyers of U.S. Treasury debt. They are not only a new weapon for dollar dominance, but could also become an important source of financing for the U.S. Treasury. Fund trackers, keep a close eye on these financial developments!#稳定币 #DollarDominance