Treasury Sec. Bessent Pushes Stablecoins Hard
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Treasury Sec. Bessent Pushes Stablecoins Hard

Treasury Secretary Bessent says crypto stablecoins can lower government borrowing costs and reduce national debt. Dollar-pegged stablecoins could explode to a $2 trillion market cap within a few years, Treasury Secretary Scott Bessent said on Wednesday while testifying at a Senate Appropriations subcommittee hearing. “A thriving stablecoin ecosystem will drive demand from the private sector […] The post Treasury Sec. Bessent Pushes Stablecoins Hard appeared first on www.independentsentinel.com.