U.S. Backs Stablecoins to Boost Dollar Dominance
Key Takeaways
The U.S. government under Donald Trump is increasingly relying on stablecoins to reinforce the dominance of the U.S. dollar in the global financial system. Stablecoins are digital currencies pegged to the value of a fiat currency – usually the U.S. dollar. Through targeted legislative initiatives and the promotion of stablecoin issuance, the government aims to create new sources of demand for U.S. Treasury bonds while strengthening the dollar’s role in the digital financial world.
Stablecoins as a Strategic Financial Instrument
In March 2025, U.S. Treasury Secretary Scott Bessent emphasized the central role of stablecoins in economic policy during the Crypto Summit at the White House. The goal is to maintain the U.S. dollar’s position as the world’s leading currency with the help of stablecoins. Christopher Waller, Governor of the U.S. Federal Reserve, expressed similar views.
According to Bessent, stablecoins offer a new source of demand for U.S. Treasury bonds (T-Bills). Tether, the issuer of USDT, claims to already be the seventh-largest buyer of T-Bills. In 2024, the company invested 33 billion U.S. dollars in these bonds – more than Canada or Mexico.
Market Data and Significance for the U.S. Dollar
The stablecoin market has a volume of approximately 234 billion U.S. dollars. Over 99% of that is pegged to the U.S. dollar. The two largest stablecoins, Tether (USDT) and USD Coin (USDC), hold U.S. Treasury bonds and other liquid assets to back their peg to the dollar.
This dollar peg gives the U.S. a strategic advantage: it boosts demand for U.S. financial products and anchors the dollar in global payment systems – including the digital space.
New Stablecoins and Regulatory Developments
The stablecoin dynamic continues to grow. Recently, World Liberty Financials, a company with ties to Trump, launched the stablecoin USD1. Financial services provider Fidelity is also currently testing its own stablecoin model.
You should read that too:
-
Asian Slots – The Best Asia-Themed Online Slot GamesReading time: ~ 3 minutes
-
Retro Slots – The Best Slot Games With Retro Look at a Glance
Reading time: ~ 3 minutes
-
Food and Drink Slots: The Best Slot Games Inspired by Culinary Delights
Reading time: ~ 3 minutes
-
Versus Odds B.V. Casinos
Reading time: ~ 3 minutes
-
Danneskjold Ventures B.V. Casinos
Reading time: ~ 3 minutes
In the area of cross-border payments, companies like PayPal, Stripe, and Visa are increasingly adopting stablecoin technologies. To provide legal clarity, two bills have been introduced in the U.S. Congress: the GENIUS Act and the STABLE Act. Both aim to define the regulatory framework for stablecoins and facilitate their integration into the financial system.
Our Assessment
The U.S. government recognizes the potential of stablecoins as a geopolitical and economic tool. By strategically promoting these digital dollar variants, the influence of the U.S. dollar can be maintained even in the age of cryptocurrencies. For you as a user or investor, this means: stablecoins are becoming an integral part of the global financial system – with growing government support and clearer regulations. Anyone involved with digital currencies should not underestimate the political dimension of this development.
| Wagering requirements | 35x bonus |
| 35x free spins winnings | |
| Minimum deposit | €20 |
| Maximum bet | €5 |
| Bonus validity | 30 days to claim |
| 14 days to wager / 7 days for free spins |
- There is no maximum bonus amount.
- 10 Free Spins per day over ten (10) days on Gates of Olympus or Book of Ra Deluxe.
| Wagering requirements | 40x bonus |
| 40x free spins winnings | |
| Minimum deposit | 0.0005 BTC |
| Maximum bet | 0.00004 BTC |
| Bonus validity | 30 days after registration |
| 14 days (1st), 7 days (2nd), 1 day (3rd) |
- To get the bonus, enter the bonus code before the deposit.
- Minimum deposit: 0,07 BCH • 0,4 LTC • 233 DOG • 45 XRP • 0,01 ETH • 20 USDT • 69 ADA • 0,05 BNB • 184 TRX • 20 USDC.
- Maximum bet: 0.007 BCH • 0.0009 ETH • 0.04 LTC • 23 DOGE • 2 USDT • 4 XRP • 18 TRX • 7 ADA • 0.005 BNB • 2 USDC • 2 EUR • 2 USD.
- Free spins are provided in batches of 25 per day.
- Free spins are credited on the Gamebeat slots: Max Miner (1st), Book of Elixir (2nd) and Odin’s Tree (3rd).
| 1st deposit | 120% up to $500 + 100 Free Spins |
| 2nd deposit | 100% up to $300 + 100 Free Spins |
| 3rd deposit | 150% up to $500 + 100 Free Spins |
| 4th deposit | 100% up to $300 + 100 Free Spins |
| Wagering requirements | 45x deposit + bonus |
| 40x free spins winnings | |
| Minimum deposit | $10 (1st) |
| $15 (2nd-4th) | |
| Maximum bet | $5 per round |
| Bonus validity | 30 days to claim, 7 days (1st-4th) |
| 7 days for free spins |
- You must complete the registration and verification process, including a valid email or phone number, to qualify for this bonus.
- You must select the desired bonus during the deposit process.
- There is a maximum withdrawal limit of $10 from winnings derived from free spins.
Advertising transparency