Scott Bessent bets on stablecoins to bolster demand for Treasuries
Treasury secretary’s discussions with crypto groups have helped inform issuance decisions
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Bank of England dilutes planned rules for UK stablecoins
Central bank partly backs down after industry criticism over plan for digital tokens
Why Trump’s team is betting on stablecoins
The administration sees these digital assets as a tool in the fight against de-dollarisation
The coming crypto crisis
Bipartisan backing of stablecoins will hurt America’s economy and its politics