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      US Weighs Overseas Push for Dollar Stablecoins to Boost Treasury DemandBloomberg reported that the...

      US Weighs Overseas Push for Dollar Stablecoins to Boost Treasury DemandBloomberg reported that the US government is considering promoting the overseas use of dollar-denominated stablecoins to reinforce the dollar’s status as the world’s reserve currency and boost demand for US Treasuries. People familiar with the matter said the government is considering supporting stablecoin-related projects through joint ventures with private-sector firms, with the US Treasury Department, State Department and US International Development Finance Corporation (DFC) potentially involved.

      Source: Wu Blockchain
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud