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via CryptoPotato · By CryptoPotato Editorial
Report: US Weighs Overseas Push for Dollar Stablecoins to Boost Treasury Demand
CE
CryptoPotato Editorial(09:30 PM UTC)
1 min read
The GENIUS Act established reserve requirements that could link wider stablecoin circulation to demand for dollars and short-term Treasuries.
The Trump administration is reportedly considering an initiative to promote dollar-denominated stablecoins overseas.
The goal, according to a Bloomberg report citing people familiar with the…
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