【U.S. Treasury Secretary: Cryptocurrencies Will Not Pose a Threat to the Dollar】 U.S. Treasury Secretary Basent stated, "Cryptocurrencies will not pose a threat to the dollar. In fact, stablecoins can reinforce the dollar's dominance. Digital assets are one of the most important phenomena in today's world, but have long been overlooked by governments. This administration is committed to making the U.S. a center for digital asset innovation, and the 'GENIUS Act' brings us one step closer to that goal."