US Treasury Secretary: Cryptocurrencies do not pose a threat to the US dollar, stablecoins help consolidate US dollar hegemony

BlockBeats News, on June 19th, US Treasury Secretary Besson stated, "Cryptocurrencies do not pose a threat to the US dollar. In fact, stablecoins can consolidate the dollar's hegemonic position. Digital assets are one of the most important phenomena in the world today, but have long been overlooked by governments around the world. This administration is committed to making the United States a center for digital asset innovation, and the GENIUS Act brings us one step closer to this goal