Treasury Secretary Sees Stablecoins Like Tether as Tool for U.S. Debt Reduction
U.S. Treasury Secretary Scott Bessent has proposed that stablecoins, particularly Tether (USDT), could play a significant role in reducing the national debt by increasing demand for U.S. Treasury bonds. Secretary Bessent highlighted that stablecoins, primarily backed by U.S. Treasury securities,… Read More »Treasury Secretary Sees Stablecoins Like Tether as Tool for U.S. Debt Reduction