Yellen Calls for Stablecoin Regulation to Boost Dollar Dominance

U.S. Treasury Secretary Janet Yellen believes stablecoins could help secure the U.S. dollar’s global leadership position. During a June 12, 2025 event, she emphasized the need for more robust regulation of these digital assets to integrate them into existing financial frameworks. Yellen highlighted the current inconsistencies and gaps in regulatory oversight regarding stablecoins, many of which operate outside the traditional financial system’s perimeter.