{"id":32862,"date":"2025-06-20T13:46:31","date_gmt":"2025-06-20T13:46:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32862"},"modified":"2025-06-20T13:46:31","modified_gmt":"2025-06-20T13:46:31","slug":"sacks-says-new-bill-allows-stablecoins-to-soak-up-trillions-but-trump-ties-cloud-the-push","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32862","title":{"rendered":"Sacks Says New Bill Allows Stablecoins To Soak Up Trillions\u2014But Trump Ties Cloud The Push"},"content":{"rendered":"<div>\n<p>A stablecoin bill sprinting toward the legislative goal line could unleash trillions in global demand for U.S. Treasuries and cement the dollar&#8217;s dominance in digital finance\u2014at least if White House crypto adviser <strong>David Sacks<\/strong> gets his wish. But with President <strong>Donald Trump<\/strong>&#8216;s family-linked crypto ventures casting a long political shadow, critics warn the future of fintech might come with a <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/06\/45995223\/genius-stablecoin-bill-clears-senate-but-trumps-crypto-profits-loom-over-momentum\">built-in conflict of interest<\/a>.<\/p>\n<p><strong>What Happened<\/strong>: Speaking to Bloomberg on Thursday, Sacks <a href=\"https:\/\/www.youtube.com\/watch?v=sTBmFD7ZxZ4\">said <\/a>the legislation, if signed into law by the House of Representatives, would provide the regulatory clarity needed to expand stablecoin issuance and institutional adoption.<\/p>\n<p>The bet is that it will ultimately boost global use of U.S. dollar-based digital assets.<\/p>\n<p>&#8220;There&#8217;s already something like $250 billion in float of stablecoins\u2026 without there being a true regulatory framework in the United States,&#8221; Sacks said. &#8220;I think you could see other economies start to dollarize from the bottom up\u2026 and that would create potentially trillions of dollars of new &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/06\/46025145\/saks-stablecoin-bill-treasury-buying-trump-ties-cloud-push\" alt=\"Sacks\" says new bill allows stablecoins to soak up trillions trump ties cloud the push>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A stablecoin bill sprinting toward the legislative goal line could unleash trillions in global demand for U.S. Treasuries and cement the dollar&#8217;s dominance in digital finance\u2014at least if White House crypto adviser David Sacks gets his wish. But with President Donald Trump&#8216;s family-linked crypto ventures casting a long political shadow, critics warn the future of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32862","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32862"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32862\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}