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BTCC / BTCC Square / Global Cryptocurrency /
White House Crypto Advisor Predicts Trillions in Treasury Demand from Stablecoin Bill

White House Crypto Advisor Predicts Trillions in Treasury Demand from Stablecoin Bill

Author:
Global Cryptocurrency
Published:
2025-05-22 02:23:01
18
2

David Sacks, President Donald Trump’s top cryptocurrency and AI advisor, has projected that the GENIUS Act could unlock trillions of dollars in demand for US Treasuries. The proposed stablecoin legislation, which passed a key Senate vote this week, aims to establish federal standards for stablecoin issuance and governance.

"If we provide the legal clarity and legal framework for this, I think we could create trillions of dollars of demand for our Treasuries practically overnight," Sacks stated during a Wednesday interview. The bill cleared a critical 60-vote threshold with bipartisan support, signaling potential momentum for crypto regulation.

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