TREASURY SECRETARY BESSENT SAYS CRYPTO WILL 'LOCK IN' DOLLAR SUPREMACY

Summary from the TLDR Crypto newsletter

Treasury Secretary Scott Bessent stated that stablecoins could help “lock in” the dollar's global dominance by becoming major buyers of US Treasurys, positioning crypto as a strategic asset for the US economy. Bessent projected the USD-backed stablecoin market could exceed $2 trillion within three years, up from today's $240 billion.