Statement of the US Secretary of the Treasury on Cryptocurrency and US Dollar Stability
Confirmation of Cryptocurrency's Role in the US Financial System
On June 19, the US Secretary of the Treasury, Scott Bessant, made strategic statements in the cryptocurrency field through the social platform X. He emphasized that stablecoins will not threaten the dominance of the US dollar, but may even strengthen its position in the global financial system. Modern digital assets are an important phenomenon that governments have long overlooked. Bessant affirmed that the US government is working to build the country into a world-class cryptocurrency innovation center.
Development Policy and the Role of Stablecoins in National Prosperity
This policy uses initiatives like the GENIUS Act to promote innovative cooperation in the cryptocurrency field. Stablecoins, such as USDT, USD Coin (USDC), are considered tools to reinforce user confidence, helping to protect the US dollar from risks and enhance liquidity in the global market. These digital assets will become an important factor in developing digital financial infrastructure and maintaining the US's leading position in advanced financial technology.
Investment and Security in the Modern Cryptocurrency Economy
The US government is committed to creating a safe and sustainable environment for cryptocurrency businesses and investors. Strict regulations along with technological innovation support initiatives will help minimize risks of fraud, money laundering, and market manipulation. As a result, investors can confidently allocate capital into blockchain, DeFi, or digital asset projects, contributing to the sustainable development of the digital economy and bringing long-term benefits globally.
The Future of Cryptocurrency According to Expert Predictions
From analysts' perspectives, the role of stablecoins and blockchain projects in the US will continue to expand, promoting widespread acceptance of cryptocurrency in global payment systems. Users will clearly see the benefits of these assets with their ability to transfer money quickly, at low cost, and with high security. The US government's strategic moves towards promoting the digital economy will help cryptocurrency become the central theme of financial innovation in the coming years.
