GENIUS Act Aims to Strengthen Dollar Dominance Through Stablecoins

According to Odaily, Bo Hines, Executive Director of the Trump Digital Asset Advisory Board, shared on the X platform that the GENIUS Act focuses on the role of stablecoins in reinforcing the dollar's dominance. He believes this initiative will modernize payment infrastructure, enhancing transfer efficiency and transparency. Hines emphasized that digital asset technology is set to become the core of next-generation finance, with the United States poised to lead globally in this sector.