Stablecoins: A New Weapon for Dollar Hegemony and a New Buyer of U.S. Treasuries

U.S. Treasury Secretary Scott Bessent said at the Ripple Swell conference that stablecoins are becoming a channel for the dollar to expand into emerging markets worldwide, as well as a new source of demand for U.S. Treasuries. They are not only a new weapon for dollar hegemony, but could also become an important source of financing for the U.S. Treasury. Those tracking the flow of funds, let’s keep a close eye on these financial developments! #稳定币 #DollarHegemony