BREAKING NEWS 🔥
US Treasury Secretary Scot Bessent stated that:
"Implementing the GENIUS Act is essential to securing American leadership in digital assets.
Stablecoins will expand dollar access for billions across the globe and lead to a surge in demand for U.S. Treasuries, which back stablecoins".
It’s a win-win-win for everyone involved:
stablecoin users, stablecoin issuers, and the U.S. Treasury Department.