
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