Will the Stablecoin Bill become a two -month fact? Bo Heins, Trump Crusion Speaker, weighs in

Bo Hines, Executive Director of the Chamber of Advisors of the President of Digital Assets, noted that the comprehensive Stablecoin legislation is imminent, with the expectation of completion in the coming months.

Speaking at the top of the digital assets in New York on March 18, Heinz stressed the urgency of maintaining the dominance of the US dollar in the financial activity on the series.

His statements come after the approval of the Senate Banking Committee on the Genius Law last week.

Legislation, officially known as the Order of Guidance and the Establishment of the National Innovation of Stablecoins in the United States, aims to create the regulatory frameworks of Stablecoin Exporters, including the requirements of guarantee and compliance with the anti -money laundering laws.

“We have seen that the vote came out of the Senate Banking Committee in a very part of the two parties, […] It is great to see. “

He stressed that the support of the two parties confirms the national interest in preserving the American leadership in the area of ​​digital assets.

He said: “I think our colleagues on the other side of the corridor also realize the importance of the United States dominating in this field, and they are ready to work with us here, and this is what raises this.”

He added: “As you know, there are not many issues in Washington, DC, where people can meet on both sides of the corridor and push the United States forward in a comprehensive way.”

When asked when Stablecoin legislation will be approved, Heinz said: “I think the stables can be on the president’s office here in the next two months.”

Currently, the market appears to be a estimate of what this bill can do for the American economy in terms of the dominance of the US dollar, in terms of payment bars, in terms of changing the path of the financial markets, “said Heinz.

Promote the domination of the dollar

The US dollar is still the basic support of the currency, as digital dollars represent most of the $ 230 billion Stablecooin market.

These assets play a decisive role in the trading of cryptocurrencies, transfers, and digital payments, which increases the global influence of the dollar.

While some experts expect a transformation towards a multi -process stablecoins, the dominance of the dollar -backed assets is still inverted.

The White House focuses on the strategic role of Stablecoins

US Treasury Secretary Scott Payette again affirmed the Trump administration’s commitment to take advantage of Stablecoins as a tool to maintain the dollar status as a backup currency in the world.

Speaking at the Crypto Summit at the White House on March 7, Bessent highlighted management focus on the well -organized Stablecoin system.

“We will put a lot of thinking about the Stablecoin system, and as President Trump directed, we will keep the United States [dollar] “The dominant backup in the world, and we will use Stablecoins to do so,” said Pesin.

With Stablecoins increasingly integrated into global financing, regulatory clarity can enhance the competitiveness of the American financial system while strengthening the domination of the dollar in the digital asset markets.

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