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US Weighs Initiative to Promote Dollar-Backed Stablecoin Abroad

September 23, 2026 1 min readBy Bloomberg (Crypto)
US Weighs Initiative to Promote Dollar-Backed Stablecoin Abroad

The Trump administration is considering an initiative to promote the use of dollar-denominated stablecoins overseas, according to people familiar with the plans, in a bid to reinforce the greenback’s status as the world’s reserve asset.