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Trump's administration envisions tying the US dollar to stablecoins, digital assets that offer stability and liquidity, which could secure the dollar's international hegemony for generations. This initiative may generate trillions of dollars in demand for US Treasuries, potentially lowering long-term interest rates and providing a stable macroeconomic foundation.
This approach echoes past monetary anchors like gold, but with the flexibility and programmability of blockchain technology, stablecoins could offer a more resilient and adaptable reserve system. President Trump has emphasized that this strategy is designed to "keep the US as the dominant reserve currency globally," utilizing digital assets to bolster economic resilience against BRICS and other emerging competitors.