US Government Plots Dollar Dominance Comeback With Aggressive New Strategy
The greenback fights back—Washington's latest power play aims to crush the de-dollarization trend.
After years of watching BRICS nations and crypto upstarts chip away at USD hegemony, the Treasury is loading its bazooka. No more Mr. Nice Reserve Currency.
Inside the playbook: A three-pronged assault combining CBDC development, SWIFT alternatives, and—because nothing says 'trust us' like this—a fresh round of sanctions targeting dollar-ditching nations. Classic carrot-and-missile diplomacy.
Will it work? Ask the Bitcoin maxis laughing all the way to their non-custodial wallets. Sometimes the best monetary policy is a 12-word seed phrase.
What Is This Secret Weapon All About?
The US government is leaving no stone unturned in launching a strategic regulatory infrastructure to launch stablecoins. A bill touted as the GENIUS Act is currently awaiting pending approvals that directly address how stablecoins can be embedded in the US administrative sector, helping the government embed cryptocurrencies in its day-to-day regime. This act specifically caters to the stablecoins and how they can be used to gain the US dollar supremacy that has been lost to an extent due to the rising US dollar ditching processes.
Anthony Scaramucci, founder of SkyBridge Capital, in one of his recent interviews, shared how stablecoins are poised to be a game changer for the world of finance, bolstering the demand for USD once they are launched in the market. He later shared how this may bolster USD demand, making the asset appear more attractive than before.
.hether. They
Stablecoins will lower the cost of transactions and help U.S. dollar supremacy
– @Scaramucci, Founder SkyBridge Capital pic.twitter.com/lzLnLugCgH
Donald Trump Jr. on Stablecoins
Donald Trump Jr. has also reiterated a similar stance, adding how stablecoins can effectively curb the rising de-dollarization narratives.
Trump Junior later shared.
Donald Trump Jr: "I think stablecoins will be the SAVIOR of the US dollar in the world." #crypto pic.twitter.com/pUuPRYHsux
Since the start, the Trump administration has been particularly keen on exploring stablecoins and integrating the product into its day-to-day proceedings. Scott Bessent, the United States Secretary of the Treasury, has openly discussed the gains that stablecoins may bring for the USD.
Bessent suggests stablecoins could bring $2 Trillion of demand to US treasuries in the short term.
IMAGINE the positive market impact that another $2 Trillion + of stablecoins would mean?!
I swear whenever we see $1 Billion in $USDT minted Bitcoin surges.
Imagine what $2… pic.twitter.com/Qpa4qD03UJ
