U.S. Treasury Secretary Bessant: Cryptocurrency will not pose a threat to the U.S. dollar, and stablecoins can consolidate the dollar's hegemony

Planet Daily News: U.S. Treasury Secretary Becent posted on X platform, stating that cryptocurrencies will not pose a threat to the U.S. dollar. In fact, stablecoins can consolidate the dollar's hegemonic status. Digital assets are one of the most important phenomena in today's world, but they have long been ignored by governments. The current administration is committed to making the United States the center of digital asset innovation, and the GENIUS Act brings us one step closer to this goal.