Stablecoin Regulation Could Unlock Trillions for U.S. Treasury via GENIUS Act
David Sacks, former White House senior advisor on cryptocurrency and AI, has championed the GENIUS Act as a catalyst for trillions in demand for U.S. Treasuries. The bill seeks to provide regulatory clarity for stablecoins, positioning them as vehicles for faster, dollar-backed global payments while reinforcing USD dominance.
Critics highlight potential conflicts, pointing to Trump-linked stablecoin USD1 and foreign investments. The debate underscores the high-stakes intersection of policy, finance, and digital assets as stablecoins evolve from crypto niche to macroeconomic lever.