CCTV News: Whether the U.S. can take on necessary responsibilities in the future is crucial for the development of stablecoins.

According to Deep Tide TechFlow news, on July 19, as reported by CCTV News, Trump officially signed (the guidance and establishment of the U.S. Stablecoin National Innovation Act) (referred to as the Genius Act) at the White House, marking the first establishment of a stablecoin regulatory framework in the U.S.

Experts believe: During the development of digital currencies, the value and influence of the dollar have been significantly impacted. The U.S. hopes to promote stablecoins to leverage the existing strong advantages of the dollar and to maintain and enhance its influence in the fields of stablecoins and digital currencies. Trump and some U.S. officials have suggested that issuing stablecoins may reduce future pressure on U.S. debt. Fundamentally, the U.S. government promotes stablecoins to continue to maintain dominance in the global monetary and payment systems, further influencing the future global monetary and payment systems, and maintaining the competitiveness of the U.S.

In addition, experts point out: The current influence of the dollar globally is based on the international economic order established after World War II, which has formed the dollar's own international influence. The measures taken by the Trump administration currently show its disapproval of the U.S. trade deficit and its desire to maintain a surplus or balance. Maintaining a surplus means that no more dollars will flow into the international market through trade, which will clearly impose certain constraints on the global use of the dollar. Whether the U.S. can take on necessary responsibilities globally, fulfill commitments, and maintain the stability of the global trade economy in the future, rather than intervening in international economic and trade relations through sanctions, suppression, and long-arm jurisdiction, is crucial for the development of stablecoins. If these cannot be achieved, merely replacing the dollar with another form of expression without changing the way the dollar's value is determined means that both the dollar and the corresponding stablecoins may find it difficult to gain global and broader support in the future.