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via finance.yahoo.comPolitics

Bessent: stablecoins will help cement dollar dominance

FROM THE WIRE · FINANCE.YAHOO.COM

Scott Melker discusses US Secretary of the Treasury Scott Bessent speaking at Ripple's Swell conference and saying that stablecoins will help ensure dollar dominance. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishUS Treasury remarks on stablecoins can influence the dollar and the crypto market.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Treasury Secretary Bessent spoke at Ripple's Swell conference.
  2. 02Bessent said stablecoins will help ensure dollar dominance.
  3. 03The video also references a Coinbase Institutional co-CEO.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
US Dollar IndexFX:DXYFX pair101.98000.00%today -0.33%Positive BitcoinBTCUSDCrypto81,128.11 USD+0.20%today +0.40%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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