- Main event focuses on Treasury’s stablecoin strategy.
- Stablecoins seen as dollar strength tools.
- Positive impacts on U.S. dollar liquidity.
Main Content
Scott Bessent, U.S. Treasury Secretary, declared on June 18, 2025, that President Trump’s administration promotes stablecoins to enhance U.S. dollar dominance globally.
Bessent’s endorsement of stablecoins as a tool for dollar supremacy signals a crucial policy shift, indicating broader governmental acceptance and potential market stabilization effects.
Bessent outlined the administration’s focus on digital assets and stablecoins to maintain U.S. dollar supremacy. This stance marks a significant policy pivot under President Trump’s leadership. The Treasury supports stablecoin issuers as an integral aspect of this shift.
Stablecoins like USDT and USDC are expected to become major buyers of U.S. Treasuries. This increase will bolster dollar liquidity and support demand for government debt, reinforcing the financial system’s stability globally.
The U.S. Senate has passed legislation aligning with Bessent’s goals, providing a regulatory framework important for implementing new stablecoin policies. This measure is crucial for enhancing stablecoin integration and ensuring compliance with government standards.
Historically, other regions have launched stablecoin projects, but the U.S. initiative is distinct in its explicit focus on dollar supremacy. The growing institutional engagement may lead to increased adoption and use of stablecoins across various platforms.
The successful implementation of these policies could lead to further advancements in financial technology, enhanced cross-border transactions, and stronger U.S. economic foundations. Improved regulatory clarity could also attract international investments and increase the total value locked in DeFi protocols.
“Crypto is not a threat to the dollar. In fact, stablecoins can reinforce dollar supremacy. Digital assets are one of the most important phenomena in the world right now, yet they have been ignored by national governments for far too long. This administration is committed to…” – Scott Bessent, U.S. Treasury Secretary. Source
