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US Aims to Turn Stablecoins Into a Weapon for Dollar Dominance

The U.S. government is considering funding private stablecoin projects overseas to safeguard the dollar’s status as a global reserve currency and boost Treasury bond demand, according to reports.

US Aims to Turn Stablecoins Into a Weapon for Dollar Dominance
Image: Decrypt

The U.S. government is considering funding private stablecoin projects overseas to safeguard the dollar’s status as a global reserve currency and boost Treasury bond demand, according to reports.

Sources

  • Decrypt — US Aims to Turn Stablecoins Into a Weapon for Dollar Dominance

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