Stablecoins Could Reinforce U.S. Dollar Dominance, Says Sacks

Stablecoins Could Reinforce U.S. Dollar Dominance, Says Sacks

According to White House AI and cryptocurrency czar David Sacks, stablecoins may be essential to preserving the dominance of the US dollar internationally. His remarks were made just hours after Senator Bill Hagerty unveiled the GENIUS Act, a bill that would establish rules for digital assets. Sacks presented President Donald Trump's vision for the future of the digital asset industry in the United States during a press conference with promin...

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