U.S. Backs Stablecoins to Boost Dollar Power, Eyes $2 Trillion, Says U.S. Treasury

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The U.S. government is no longer just exploring crypto — it’s embracing it as a strategy. Treasury Secretary Scott Bessent says dollar-pegged stablecoins could grow into a $2 trillion market. He believes these coins can make the U.S. dollar stronger and more widely used worldwide.

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