The Zhitong Finance App learned that according to people familiar with the matter, the Trump administration is considering an initiative to promote dollar-denominated stablecoins overseas, with the aim of strengthening the US dollar's position as a global reserve asset. According to people familiar with the matter, the stablecoin project is one of the areas the US government is considering supporting through joint ventures with the private sector. The goal is to maintain the dollar's monetary dominance and boost demand for US Treasury bonds. Stablecoin issuers usually use cash and short-term government debt as token reserves.

The Zhitong Finance App learned that according to people familiar with the matter, the Trump administration is considering an initiative to promote dollar-denominated stablecoins overseas, with the aim of strengthening the US dollar's position as a global reserve asset. According to people familiar with the matter, the stablecoin project is one of the areas the US government is considering supporting through joint ventures with the private sector. The goal is to maintain the dollar's monetary dominance and boost demand for US Treasury bonds. Stablecoin issuers usually use cash and short-term government debt as token reserves.