🚨 Treasury Secretary Bessent: Stablecoins Could Be a Win for U.S. Debt 💰🇺🇸
“A strong stablecoin market could boost private-sector demand for U.S. Treasuries — helping lower government borrowing costs and tame the national debt,” said Bessent.
💡 Translation: Stablecoins backed by Treasuries = more buyers = cheaper borrowing for the U.S. government!