President Trump delivered a pre-recorded speech at the Digital Asset Summit, focusing on the prospects of stablecoin regulation and potential support for the American cryptocurrency market. In his speech, Trump emphasized that clear, transparent rules for stablecoins would enable institutions—both large and small—to invest and innovate, which could contribute to increased liquidity across the entire cryptocurrency sector.
Citing the administration's achievements to date, the president suggested that in the near future, the government may actively support the creation of dollar-backed stablecoins. Such action would aim to maintain the dominance of the dollar and increase the integration of cryptocurrencies with the U.S. economy, which could also bring positive signals for the markets amid recession worries.