It will also protect coin holders and inject further transparency into the market. And let me be emphatic on one other point in this administration. 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. (13:17–13:23)
CLAIM
Asserts that stablecoins are not seen as a threat to the U.S. dollar.
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.
