The plan aims to increase demand for US Treasuries by expanding the reach of dollar-denominated assets through blockchain technology. Sources familiar with the matter indicate that the Trump administration is pursuing the strategy to reinforce the dollar's status as the primary reserve asset for the global economy.
Wednesday, October 21, 2026
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Trump Administration Plans Overseas Stablecoin Push to Boost US Treasuries
Crypto27 days ago
The US government is evaluating an initiative to encourage the global use of dollar-backed digital currencies to secure the greenback's dominance in international finance. The proposal involves using joint ventures with private-sector firms to support stablecoin projects, with potential participation from the Treasury Department, the State Department, and the US International Development Finance Corporation.
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