According to BlockBeats, a recent segment on the CCTV program 'World Weekly' focused on U.S. President Donald Trump's cryptocurrency policies and stablecoins. Despite Trump's introduction of several crypto-friendly initiatives, including the Genius Act, the report noted that Bitcoin and other cryptocurrencies continue to experience significant price volatility and security risks.
The 20-minute report emphasized Trump's active promotion of stablecoin development, linking it closely to Federal Reserve policies and the high level of U.S. national debt. It described stablecoins as a new generation of 'dollar hegemony.' Amid the global push for national stablecoin issuance, the report highlighted the challenge of establishing a more stable international order.
