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U.S. Treasury Secretary Bessent: U.S. Will Win in Digital Asset Stack
U.S. Treasury Secretary Scott Bessent stated that U.S. leadership in digital assets could reinforce the dollar's global reach, even as the stalled CLARITY Act leaves regulators to fill the gap. He highlighted the importance of stablecoins, which are predominantly denominated in dollars, and suggested they could increase demand for U.S. Treasury debt.