The Block (@TheBlockCo): NEW: The Trump administration is exploring an initiative to promote dollar-backed stablecoins abroad, according to Bloomberg.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
NEW: The Trump administration is exploring an initiative to promote dollar-backed stablecoins abroad, according to Bloomberg. The US government is looking at supporting stablecoin projects through joint ventures with private firms to reinforce the dollar's dominance and boost demand for US Treasuries.