Bessent: stablecoins will help ensure dollar dominance

T1Covered by 1 source · first reported by American Banker (headlines) at 27 Oct, 15:51 UTC

Treasury Secretary Scott Bessent said Tuesday that dollar-pegged stablecoins could help expand market demand for U.S. government debt, lowering the pressure on long-dated bond yields.

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Sources

• T1Bessent: stablecoins will help ensure dollar dominanceAmerican Banker (headlines)27 Oct, 15:51