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💵 Eric Trump: Stablecoins will secure the dollar’s global dominance — New York Post
#USA #Stablecoins #Trump
🔴 In a recent interview, Donald Trump’s son said that stablecoins are the key to maintaining the dollar’s status as the world’s leading currency.
đź“Ś Key points:
— Even the Fed acknowledges their potential: Fed Governor Christopher Waller has noted that stablecoins could strengthen the dollar globally.
— With an on-chain dollar, trillions could flow back into the U.S., helping the country “win the Bitcoin revolution.”
— USD1 — the stablecoin from World Liberty Financial (the Trump family’s project) — is being promoted as “the future of the dollar.”
👉 In short, the Trump team is betting that the future of the U.S. currency lies not in a CBDC but in privately issued stablecoins.
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