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Scott Bessent: Stablecoins Could Generate $2 Trillion in U.S. Treasury Demand

  • Scott Bessent predicts stablecoins could generate $2 trillion in U.S. Treasury demand, reinforcing the dollar's status as the world's reserve currency.
  • The use of stablecoins in the U.S. could lead to increased global demand for U.S. dollars and Treasuries.
  • Applying high regulatory standards to stablecoins could result in $2 trillion in demand for U.S. Treasury securities.
  • The forecast suggests that properly regulated stablecoins could be vital for financial innovation and supporting global dollar dominance.

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