🇺🇸 The U.S. views dollar-pegged stablecoins as a key tool to preserve its status as the world’s reserve currency — according to Sygnum analysts.

The Trump administration is advancing the GENIUS Act, a stablecoin regulation bill that has already passed the Senate. At the same time, global resistance to dollar-based stablecoins is growing — especially from BRICS countries and the EU, where interest in alternatives is rising.

Despite this, demand for dollar-denominated assets remains high in developing nations amid inflation and the devaluation of local currencies.

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The U.S. Bets on Stablecoins to Reinforce the Dollar’s Global Reserve Status