🚨 U.S. Treasury Secretary on Crypto Payments
U.S. Treasury Secretary Scott Bessent announced the government is exploring new possibilities in crypto payments, aiming to boost blockchain innovation and preserve the U.S. dollar's dominance.
🔑 Key Points:
🇺🇸 Stablecoin push: New laws like the GENIUS Act allow banks to issue dollar-backed stablecoins.
🏦 Digital integration: Plans to use crypto in payroll, taxes, retirement, and mortgages.
📈 Global dollar strategy: Stablecoins seen as tools to reinforce dollar demand worldwide.
💰 Strategic reserves: U.S. created a Bitcoin reserve from seized assets.
➡️ The U.S. is signaling full-speed ahead on regulated crypto innovation.
#Crypto #Blockchain #USDT #Fintech #Stablecoins #DigitalDollar #Treasury #Innovation $BTC