In the USA crypto currencyWhile the arrangement works for Lara gained momentum, the Crypto Consultant of the White House David SacksImportant explanations came from. Sacs, speaking to CNBC, said that with the adoption of the new Stablecoin law, there may be a trillion -dollar demand for the US treasury. With the entry into force of the law, it already has a great volume stablecoin With the arrangement of the market, it will grow much faster. The draft law, which has a wide support at the congress, is expected to reinforce the global sovereignty of the US dollar in the digital world.
Stablecoin law can open a new space for dollars
Sacks is still worth more than $ 200 billion stablecoin marketHe stated that he was largely unhealthy. With the introduction of a legal framework, the US Dollar demand would explode in a very short time. According to him, the US Treasury’s bond market may face a new wave of buyers: Stablecoin exporters. This argument Bitwise CIO Matt HouganIt coincides with the statements made a few days ago. Hougan said that the Stablecoin market could reach a size of $ 2.5 trillion in a short time.
Tether’s recent bond investments also strengthen this expectation. Company, US treasure According to the data, with a bond purchase of approximately $ 120 billion, it has passed Germany to its position as the 19th largest bond owner. This picture shows that Stablecoin exporters can create an alternative capital channel for the US. Sacks stressed that if the arrangement quickly enters into force, this transformation can be experienced clearly as much as the difference between night and day ”.
Although political tensions shadow, support is strong
Stablecoin Law DraftWhile political debates continued, in the vote last Monday in the Senate, the critical threshold was overcome by 32 votes. In particular, the passing of some democratic senators who opposed last week to the supporting side showed that the regulation gained a ground above the parties. The bill requires that Stablecoins will be supported by US treasury bonds or assets for US dollars. In addition, money laundering measures, inspections for foreign exporters and projects with market value of over 50 billion dollars are required to register and audit. Currently only Tether And Circle This exceeds the limit.
But the Democratic Senator Elizabeth WarrenOpposes the law proposal by drawing attention to the Trump family’s connection with the USD1 stablecoin project. Also senator Richard BlumenthalHe argued that some Trump -related defi projects may become open to the domain of foreign states. Sacks, who did not respond directly to these claims, pointed out the wide support given to the law. 15 Democratic Senator voted in favor of the law Sacks, underlined that the possibility of prevented the law has disappeared. According to him, the law will not only develop the digital payment system, but also US dollarsIt will make the influence of the online world permanent.
Another priority of the US administration is artificial intelligence. Sacks, finally, infrastructure, energy and innovation investments will be increased, stating that the US “artificial intelligence race” must win.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
