Regulation· ★★★· bullish·

US policy shift is pushing foreign governments to embrace stablecoins, exec says

  • —Badreg says central banks that once restricted stablecoins have fully reversed course
  • —Stablecoin issuers rank among the top 10 buyers of US Treasuries
  • —JPMorgan invests across five to seven crypto businesses via dedicated units
  • —Badreg expects the changes to outlast the Trump administration
Why it matters: Foreign acceptance of stablecoins broadens demand for dollar tokens and deepens crypto's link to US government debt.
Source: TokenPost