US Treasury Secretary Scott Bessent has underscored the significance of the GENIUS ACT in sustaining the United States' leadership in the digital asset sector. Speaking on August 19, 2025, Bessent highlighted that stablecoins could enhance global channels for dollar usage and boost demand for US Treasury bonds. This statement emphasizes the strategic importance of the legislation in the rapidly evolving digital currency landscape.
US Treasury Secretary Bessent Highlights GENIUS ACT's Impact on Digital Assets
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