Trump administration weighs a global stablecoin plan to cement dollar's dominance

The Trump administration is weighing a global stablecoin plan to actively promote USD-backed stablecoins worldwide, aiming to cement the greenback's global reserve status. Washington is considering this initiative to strengthen the dollar's dominance in the digital asset space. The plan could have significant implications for international finance and the adoption of stablecoins as a tool for dollar hegemony.