Stablecoins can help the United States maintain its financial edge and low global transactions, according to the founder of Skybridge Capital Anthony Scrameschi. During an interview with CNBC this week, he said that these dollar digital symbols are not just an encryption tool-it may be a way to enhance the demand for the American treasury and reduce the costs of annual global transactions worth $ 7 trillion.
ScaramucCi’s comments came shortly after the US Senate’s law applied the genius law with a 66-22 vote, On the occasion of a rare moment of the two parties’ agreement on how to organize digital assets.
STABLECOINS is supported by the cabinet
Circle and tension, two of the main players in Stablecoin Space, quietly buy large sums of US government debts. According to Scaramuccci, Tether now holds US Treasury bonds more than countries such as Germany or Japan. This is a sudden development. This means that private encryption companies are now important to the US debt, which can help support the dollar while many countries are looking for alternatives.
He also stated that the upcoming rules can push Stablecoin to keep more reserves in the treasury. This would only deepen their relationship to the American financial system.
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The political momentum returns in Washington
While the encryption organization was often an exciting issue in Washington, Genius He began to change this. A total of 16 democrats joined Republicans to obtain the draft law through the Senate, brushing previous concerns about US President Donald Trump’s support for digital currencies.
David Sachs, Trump’s chief consultant on Crypto and AI, told CNBC that he is confident that the bill will continue to move forward. He said that the White House expects more support as legislators are looking for ways to preserve them Encryption Innovation in the United States rather than pushing it abroad.
Image: StormGain
The real world uses for Stablecoins
Scaramucci gave a practical example during his interview. He referred to Hunt and Fish Club in New York, where Stablecoins can replace credit cards. By doing this, companies can skip the 2-3 % fees imposed by payment processors such as Visa or MasterCard.
He says this is not just a technical upgrade. It is a way to make payments cheaper and faster for daily purchases. Cards and card payments rise by billions of fees every year, so Stablecoins can be a cheaper choice for many people around the world.
A new role for the dollar
This new batch of Stablecoins is also seen as a way to maintain the dominant dollar in global financing. When the two countries test their digital currencies, the United States supports a different approach – private companies are released to the real dollar -backed symbols.
As the organization finally gains traction, Stablecoins may soon play a larger role not only in encryption, but in the larger financial system.
Distinctive image from Unsplash, tradingvief chart
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