Donald Trump has once again affirmed his support for stablecoin legislation, considering it a tool to enhance the global dominance of the dollar. This came during a cryptocurrency conference, where he urged Congress to pass a law regulating stablecoins. He also signed an executive order to create a strategic reserve for Bitcoin, in a move that reflects his strategy to garner support from the digital asset sector. Despite these moves, the cryptocurrency market has experienced fluctuations influenced by economic and security factors, raising questions about the future of these policies and their impact on the markets.
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