Why Trump’s team is betting on stablecoins
The administration sees these digital assets as a tool in the fight against de-dollarisation
The administration sees these digital assets as a tool in the fight against de-dollarisation

Growth of dollar-pegged crypto assets under Donald Trump risks accelerating dollarisation and enabling criminal misuse

Asset-backed digital currencies could pose risks to bedrock of global financial system

Policymakers say dollar-backed tokens cement US dominance but regulator warns of money-laundering risk

Bipartisan backing of stablecoins will hurt America’s economy and its politics

Dollar-based digital currencies offer benefits for the US, but Britain and the EU are better off resisting them

They are no substitute for money, even if usage is growing fast