<ul data-eligibleForWebStory="true"><li>Treasury Secretary Bessent suggests that stablecoins could reinforce the dollar's supremacy by becoming significant buyers of U.S. Treasurys.</li><li>Bessent believes crypto could solidify the dollar's global leadership in the financial realm.</li><li>Following the U.S. Senate passing stablecoin legislation, the House of Representatives must decide on its approach.</li><li>The Treasury's stance on digital assets has shifted, recognizing stablecoins as a means to enhance demand for U.S. government debt.</li><li>Stablecoin issuers usually back tokens with U.S. Treasury securities, potentially increasing America's financial influence in decentralized arenas.</li><li>Bessent's support of stablecoins corresponds with President Trump's pro-crypto stance.</li><li>The Treasury's shift in views on digital assets signifies a new perspective on the role of crypto in global finance.</li><li>Bessent's remarks follow a move towards bipartisan stablecoin regulation in Congress.</li><li>Trump's administration is increasingly favorable towards crypto regulation compared to past administrations.</li></ul>

Trump’s Crypto Push Will Reinforce Dollar Supremacy, Says Treasury Secretary Bessent

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