PolicyCoinDesk35 minutes ago
Trump Weighs Global Stablecoin Push
4 min read
The Trump administration is considering joint ventures with private companies to promote dollar-backed stablecoins overseas, aiming to bolster the dollar's global dominance and demand for U.S. Treasuries. Treasury, State and the Development Finance Corporation could lead the effort. The IMF warns wider stablecoin adoption could accelerate capital flight and weaken domestic currencies in emerging economies.
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