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Home›Crypto›Regulation›Trump administration weighs plan to promote USD-backed…

Trump administration weighs plan to promote USD-backed stablecoins globally

Reported · Written up by our desk · Regulation

CoinDesk reports that the Trump administration is considering a global stablecoin plan aimed at promoting USD-backed tokens worldwide.

The proposed effort would be designed to reinforce the dollar's role as a global reserve currency by encouraging broader use of stablecoins tied to the greenback.

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Sources

CoinDeskTrump administration weighs a global stablecoin plan to cement dollar's dominance

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