$BTC Bitcoin could benefit from U.S. momentum for stablecoin dominance

U.S. policies regarding stablecoins may boost the adoption and investment in Bitcoin, as regulators push to maintain the dollar's dominance, which benefits the growth of BTC and institutional cryptocurrencies.

The U.S. pressure to maintain the global dominance of the dollar through the adoption of stablecoins could have unintended benefits for Bitcoin, as it emerges as a potential national reserve asset.

During the Crypto Summit held at the White House on March 7, U.S. Treasury Secretary Scott Bessent stated that the U.S. government would use stablecoins to ensure that the dollar remains the world's reserve currency.