*#USWeighsPromotingDollarStablecoinsAbroad* đŸ‡șđŸ‡žđŸ’”

Big policy pivot being reported today by Bloomberg.

### What’s happening
Trump administration is considering an *overseas push for dollar-backed stablecoins* to:

1. Reinforce dollar as world reserve currency
2. Create new demand for U.S. Treasuries (to help finance $40T+ debt)

*Agencies involved*: Treasury, State Department, and U.S. International Development Finance Corporation (DFC)

*Mechanism*: Joint ventures / public-private partnerships with private stablecoin firms. No countries, companies, or funding numbers announced yet - still in discussion phase

### Why it works for the US
GENIUS Act (signed July 2025) requires stablecoins be backed 1:1 with cash + short-term T-bills.

- Someone abroad buys $NVDAB 1,000 of USDT/USDC → issuer must buy $1,000 of Treasuries
- Treasury says stablecoin issuers already hold *∌$200B in T-bills*
- Bessent's projection: stablecoin market could go from *$AAPL.US 306.5B now to $3T* by 2030 → massive buyer for debt

Timing: 10Y yield >5.1% (19-year high), 30Y >5.3%. Gov't already expanded bond buybacks.


### Competition
- *China*: e-CNY up 800%+ since launch, $2.3T cumulative transactions by end 2025, now 95% of mBridge cross-border CBDC settlements. China mandating banks pay interest on digital yuan
- *EU*: Digital euro pilot set for H2 2027. 13 of 20 eurozone countries rely on Visa/Mastercard

$AAPLB USDT = 59.83% of stablecoin market (∌$184B), USDC ∌$72B. Both dipped in H1 2026 - overseas payments/remittances push would be less dependent on crypto trading cycles

*Risks flagged*: Other countries' regulations + risk of bank deposit flight if people swap local deposits for dollar stablecoins.

No official comment yet from Treasury, White House, or DFC.

Want a tracker of *stablecoin market cap vs Treasury holdings*?#DollarIndexReclaims101 #US10YTreasuryYieldHits19YearHigh