Bessent: Biden ‘Starved’ Crypto—Trump’s Plan Could Flood Treasuries With Trillions

This week, U.S. Treasury Secretary Scott Bessent told the press that the Trump Administration is “going big on digital assets,” with a sharp focus on crypto tokens tied to the U.S. dollar. Bessent argues that stablecoins, by their very design, could fuel a growing appetite for U.S. Treasury bonds. From ‘Starved’ to Supercharged: Bessent’s Plan […]

May 25, 2025 - 18:12
 0
Bessent: Biden ‘Starved’ Crypto—Trump’s Plan Could Flood Treasuries With Trillions
Bessent: Biden 'Starved' Crypto—Trump’s Plan Could Flood Treasuries With TrillionsThis week, U.S. Treasury Secretary Scott Bessent told the press that the Trump Administration is “going big on digital assets,” with a sharp focus on crypto tokens tied to the U.S. dollar. Bessent argues that stablecoins, by their very design, could fuel a growing appetite for U.S. Treasury bonds. From ‘Starved’ to Supercharged: Bessent’s Plan […]