\u201cI have called on Congress to pass landmark legislation creating simple, common sense rules for stablecoins and market structure. With the right legal framework, institutions large and small will be liberated to invest, innovate and take part in one of the most exciting technological revolutions in modern history.\u201d<\/em><\/p>\nHe says that stablecoins will enable crypto pioneers to fuel America\u2019s financial growth and strengthen the US dollar\u2019s position as the most dominant global currency.<\/p>\n
\u201cYou will unleash an explosion of economic growth and with the dollar-backed stablecoins, you will help expand the dominance of the US dollar in many, many years to come. It will be at the top and that\u2019s where we want to keep it. We only want to keep it at the top always.\u201d<\/em><\/p>\nTrump says the financial revolution will take place in the US, which he hopes to make the world\u2019s leading crypto hub.<\/p>\n
\u201cI can already see that the energy and passion of the crypto community is the kind of spirit that built our country and it is exciting to watch as you invent the future of finance right here. It is going to be right here in the USA, the good old USA.\u00a0 Together, we will make America the undisputed Bitcoin superpower and the crypto capital of the world.\u201d<\/em><\/p>\n