The Treasury Secretary is right.🎯 Stablecoins are one of the leading use-cases in crypto with over $285 billion in circulation. Having a thriving stablecoin ecosystem is essential for crypto and America to prosper. đŸ‡ș🇾
Implementing the GENIUS Act is essential to securing American leadership in digital assets. Stablecoins will expand dollar access for billions across the globe and lead to a surge in demand for U.S. Treasuries, which back stablecoins. It’s a win-win-win for everyone involved: stablecoin users, stablecoin issuers, and the U.S. Treasury Department.
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