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Scott Bessnt, Secretary of the American Treasure, announced yesterday to the White House Summit cryptom that Washington plans to use stablecoins to consolidate the dollar position as a dominant reserve currency.
A crypto strategy presented at the White House Summit
Yesterday at the White House Summit Crypto Summit Scott Bessnt introduced a new American orientation. Minister of the Ministry of Finance clearly indicated that the United States would rely on stablecoins to maintain global dollar dominance.
” We will think of length in Stablecoins and, as President Trump ordered, we will keep the US dollar as a dominant reserve currency in the world and we use stablecoins. »»
This announcement is part of Trump’s crypto policy administration. Bessnt also promised to return to the repressive regulatory measures previously taken by the IRS against the digital asset sector, which means a clear break with the access of Biden reproach.
President Trump himself set an ambitious calendar and hoped that the complete account for the Stablecoins Regulation was subject to its signature before the August parliamentary break. He also criticized the premature sale of bitcoins by the previous administration and believed that this led to losses of several billion.
Stablecoins as a strategic tool for US dollar
American officials are now considering excessively collateralized stablecoins, supported by cashier accounts and dollar deposits, as a strategic tool to strengthen the dominant position of the dollar. These digital chips stimulate the demand for American debt instruments and could strengthen the financial influence of Washington on world markets.
Christopher Waller, Governor of the Federal Reserve, shares this vision. Already in February 2025 stated that Stablecoins could help maintain the status of the dollar as a global reserve currency, in particular by circumventing capital controls in some countries and improving payment infrastructure.
In order to take place this vision, representatives of the French hill and Bryan Steil introduced the “stable act of 2025”, the bill to create a complete regulatory framework for digital chips indexed to the dollar. This legislative initiative is directly part of the object of the defense of the dollar hegemony through financial innovations.
In short, this historical summit, which combined more than 20 leaders in the crypt, including Brian Armstrong (Coinbase) and Michael Sylor (strategy), is a decisive turning point in the American strategy to digital assets and placed Stablecoins as a pillar of the United States.
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Passionate Bitcoin, I like to explore meanders blockchain and cryptos and share my discoveries with the community. My dream is to live in a world where privacy and financial freedom is guaranteed for everyone, and I firmly believe that Bitcoin is a tool that can make it possible.
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