Trump Jr: Stablecoin Surge Will Protect Dollar Hegemony Globally

• Donald Trump Jr. believes the surge in stablecoins will protect US dollar dominance globally, especially as countries like China and Japan reduce their US Treasury holdings.

• He argues that stablecoins, backed primarily by US dollars, can replace traditional Treasury buyers and maintain American economic power.

• The recent passage of the Genius Act has legitimized stablecoins and accelerated their growth, contributing to the market's expansion.

• Trump Jr. acknowledges the need for the stablecoin industry to become irreversible to withstand potential policy changes from future administrations. Show Less

https://watcher.guru/news/trump-jr-stablecoin-surge-will-protect-dollar-hegemony-globally
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