US will use stablecoins to ensure dollar hegemony — Scott Bessent
News

US will use stablecoins to ensure dollar hegemony — Scott Bessent

United States Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve currency during the White House Crypto Summit on March 7. Bessent reiterated the Trump administration’s promise to end the war on crypto and committed to rolling back previous IRS guidance and punitive regulatory measures. Bessent then…

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US will use stablecoins to ensure dollar hegemony — Scott Bessent
News

US will use stablecoins to ensure dollar hegemony — Scott Bessent

United States Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve currency during the White House Crypto Summit on March 7. Bessent reiterated the Trump administration’s promise to end the war on crypto and committed to rolling back previous IRS guidance and punitive regulatory measures. Bessent then…

Continue Reading

US will use stablecoins to ensure dollar hegemony — Scott Bessent
News

US will use stablecoins to ensure dollar hegemony — Scott Bessent

United States Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve currency during the White House Crypto Summit on March 7. Bessent reiterated the Trump administration’s promise to end the war on crypto and committed to rolling back previous IRS guidance and punitive regulatory measures. Bessent then…

Continue Reading

US will use stablecoins to ensure dollar hegemony — Scott Bessent
News

US will use stablecoins to ensure dollar hegemony — Scott Bessent

United States Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve currency during the White House Crypto Summit on March 7. Bessent reiterated the Trump administration’s promise to end the war on crypto and committed to rolling back previous IRS guidance and punitive regulatory measures. Bessent then…

Continue Reading

US will use stablecoins to ensure dollar hegemony — Scott Bessent
News

US will use stablecoins to ensure dollar hegemony — Scott Bessent

United States Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve currency during the White House Crypto Summit on March 7. Bessent reiterated the Trump administration’s promise to end the war on crypto and committed to rolling back previous IRS guidance and punitive regulatory measures. Bessent then…

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‘We’ve decided Bitcoin is scarce, it’s valuable’ for US strategic reserve — David Sacks
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‘We’ve decided Bitcoin is scarce, it’s valuable’ for US strategic reserve — David Sacks

White House crypto czar David Sacks has further elaborated on the US government’s decision to treat Bitcoin as a special reserve asset, calling it a “scarce” digital resource that could benefit the country over the long term.  In a March 7 interview with Bloomberg Technology, Sacks said, “We’ve decided that Bitcoin is scarce, it’s valuable, and that it’s strategic for…

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US will use stablecoins to ensure dollar hegemony — Scott Bessent
News

US will use stablecoins to ensure dollar hegemony — Scott Bessent

United States Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve currency during the White House Crypto Summit on March 7. Bessent reiterated the Trump administration’s promise to end the war on crypto and committed to rolling back previous IRS guidance and punitive regulatory measures. Bessent then…

Continue Reading

US will use stablecoins to ensure dollar hegemony — Scott Bessent
News

US will use stablecoins to ensure dollar hegemony — Scott Bessent

United States Treasury Secretary Scott Bessent said the US government will use stablecoins to ensure that the US dollar remains the world’s global reserve currency during the White House Crypto Summit on March 7. Bessent reiterated the Trump administration’s promise to end the war on crypto and committed to rolling back previous IRS guidance and punitive regulatory measures. Bessent then…

Continue Reading