Trump administration “is largely on digital assets” to run $ 2,000,000,000 in the Treasury demand: Scott Payet
The US Treasury Secretary says that the Trump administration is committed to making America a global encoding center.
In a post on the social media platform X, Scott Bessent He says The White House completely deviates the digital assets because the “agenda control and the regulation approach separately” for the previous administration has almost destroyed the industry.
“We are dealing with digital assets. The Trump administration has made digital assets a priority. The previous administration was hunger and almost many of these companies retreated and pushed them abroad.”
He says that the government focuses in particular on Stablecoins – cryptocurrency -related currencies and / or coins such as the US dollar.
“What we want to do is apply the highest regulatory level in the United States and combat money laundering) to digital assets, especially Stablecoins.”
Bessent also says stablecoins can ultimately pay strong demand for US debt.
“I have seen estimates that in the short term, Stablecoins 2 trillion dollars can create a demand for US treasury bonds and treasury bills. Put this in the context, the number may be about $ 300 billion at the present time …
Digital asset companies deserve organizational clarity – and this is exactly what we are doing. Passing the Stablecoin bill is just the beginning. “
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