🔴 Could digital assets become a technological umbrella protecting the dollar’s dominance?
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📰 U.S. Treasury Secretary Scott Bessent said at Ripple’s Swell conference that the strength of the reserve currency is shifting from military superiority to technological superiority, and that America’s leadership in digital assets will strengthen the dollar. He added that more than 90% of stablecoins are backed by the dollar, and predicted they would become an important source of Treasury financing.
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📰 U.S. Treasury Secretary Scott Bessent said at Ripple’s Swell conference that the strength of the reserve currency is shifting from military superiority to technological superiority, and that America’s leadership in digital assets will strengthen the dollar. He added that more than 90% of stablecoins are backed by the dollar, and predicted they would become an important source of Treasury financing.
━━━━━━━
📍 Enjoyed the content? Like and follow
⬡ LEGENDARY_007 #LEGENDARY_007
$USDC $USDT
