Treasury secretary says crypto not threat to dollar as US pursues digital asset dominance

Secretary Bessent emphasized that crypto, particularly stablecoins, shouldn’t threaten the dollar. He criticizes prior government inaction, asserting the GENIUS Act is a step towards reinforcing U.S. Leadership in the digital space.

XRP has surged over 300%, providing substantial returns for early investors. Blockchain analytics by Glassnode highlights significant profit realizations and increasing confidence in XRP’s future as it capitalizes on regulatory clarity.

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