Patrick Witt, digital asset advisor to Trump, emphasized the macroeconomic impact of stablecoin demand on X. Witt noted that debates over stablecoin rewards overlook the significant global demand for the U.S. dollar. He argued that foreign investments using local currencies to purchase U.S.-issued GENIUS compliant stablecoins could lead to new capital inflows into the U.S. banking system. This perspective contrasts with traditional banking groups' warnings that yield-bearing stablecoins might cause deposit outflows.