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J. D. Vance: “Dollar pegged stablecoins, particularly once Genius is…”

Featuring: J. D. Vance, Republican | Vice President of the United States | National

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J.D. Vance Advocates for Cryptocurrency at Las Vegas Bitcoin Conference

Published | Video Starts at 13:36

We do not think that stablecoins threaten the integrity of the United States dollar. Quite the opposite, in fact. We view them as a force multiplier of our economic might. Dollar pegged stablecoins, particularly once Genius is enacted, is only going to help the American economy. and it's only going to help the American dollar. So again, we're optimistic that the Senate is able to move quickly on passing a clean Genius act and, and for the House to follow up and do the same. (13:36–13:43)

CLAIM

Asserts that dollar-pegged stablecoins will benefit the American economy.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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