Treasury Secretary Bessent Says Stablecoins Can Bolster US Dollar 'Supremacy’
Bessent framed stablecoins as a strategic asset for U.S. influence, as lawmakers weigh whether politics will stall key legislation again.
Original source
Read on DecryptRelated market context
BlackRock secures opportunity to retain NYC pension assets amid climate concerns
BlackRock's renewed chance highlights the growing influence of climate policies on investment strategies and the competitive lands...
Rob Hadick Warns Tether and Circle Face Rising Pressure From New Stablecoins
Dragonfly General Partner Rob Hadick believes stablecoins are entering a new phase. While USDT and USDC remain dominant today, he...
Bitcoin treasury stock volume collapses 49% to $17B daily average
The decline in Bitcoin treasury stock volume highlights shifting investor preferences towards ETFs, potentially impacting Bitcoin'...
Crypto Markets Rally as Dollar Weakens on Fed Rate Cut Bets
Bitcoin tops $70,000 as dollar falls on Fed rate cut expectations. Ethereum, altcoins gain. Institutional inflows surge. Regulator...
Ripple CEO Accused Jamie Dimon of Lying About CLARITY Act And Called Out $20Bn Reason Why
Ripple CEO Brad Garlinghouse went directly at JPMorgan chief Jamie Dimon on Fox Business Wednesday, accusing him of ‘intentional m...
SEC Approves Active Crypto ETF With BTC, ETH and XRP on Eligible Asset List
The SEC approved NYSE Arca’s proposal to list and trade shares of the T. Rowe Price Active Crypto ETF, placing BTC, ETH, XRP, SOL,...