
Treasury Secretary Scott Bessent reaffirmed the administration’s commitment to maintaining the U.S. dollar’s status as the world’s reserve currency, outlining plans to integrate stablecoins into the financial system. The government’s crypto holdings might go beyond Bitcoin to include other assets such as XRP, the token linked to Ripple.
It seems like just another day in the cryptosphere, where nothing ever stays still for long! From the @WhiteHouse Crypto Summit to the CEO Roundtable and a plethora of news announcements (kudos to @NatCryptoAssoc !), it’s been quite an eventful few days. It feels like several weeks have passed since the summit, which brought many stakeholders together under one roof. Many are interpreting this meeting as a crucial step towards establishing clearer regulations and a more supportive environment for the crypto industry within the United States.
Now, let’s dive into the real meat of the matter – the potential impact on various assets!
Source: https://u.today/peter-schiff-creates-his-own-btc-reserve-receives-solana-instead