Stablecoins Could Solve $7T in Global Fees: Scaramucci
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Anthony Scaramucci, founder of SkyBridge Capital, highlighted the transformative potential of stablecoins in reducing global transaction costs and reinforcing the U.S. dollar’s dominance. Speaking on CNBC’s Squawk Box, he underscored bipartisan support for regulatory frameworks like the Stable Act and the GENIUS Act, which aim to establish clear guidelines for dollar-pegged digital tokens.
The Senate’s recent 66-22 approval of the GENIUS Act signals growing institutional recognition of stablecoins’ strategic role. Scaramucci’s comments pivot from Bitcoin’s price volatility to the broader macroeconomic implications of blockchain-based payment solutions.
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