Stablecoins Are Secret Weapons: Treasury’s Bessent Reveals They’ll Cement US Dollar Dominance
Forget backroom deals—the real dollar defense is happening on-chain. Treasury Secretary Bessent just dropped a bombshell: regulated stablecoins aren't threats, they're turbochargers for USD supremacy.
Dollar's New Wingmen
Think Tether's just for crypto degens? Think again. Bessent's framing stablecoins as digital ambassadors—each transaction extending dollar hegemony without a single aircraft carrier. The 24/7 settlement rails? Just modern-day Bretton Woods with blockchain sauce.
Wall Street's Ironic Savior
Funny how the 'dangerous' crypto assets banks once mocked now get hailed as dollar defenders. Maybe those DC lunches with Circle execs weren't about regulation—they were recruitment dinners. (Cue eye-roll from Bitcoin maxis.)
The punchline? The same institutions that called crypto a scam now need it to stay relevant. Finance never changes—it just rebrands.
