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A cryptocurrency company has suggested that the Trump administration should distribute the new $2,000 stimulus package in stablecoins instead of cash, a move that the company believes could spark a massive rally in the digital asset market. Trump has previously said his administration plans to pay at least $2,000 to every adult in the United States. The money, which would come from tariffs on imports, would be “a kind of dividend for American taxpayers,” he said. The payments would not include high-income earners. BowTiedBull said in a statement that “the smartest decision Trump has ever made” is to distribute the money in stablecoins, which could propel the crypto industry to unprecedented heights.
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