Scott Bessent Promotes Blockchain, Aims for $2 Trillion Stablecoin Market by 2028

U.S. Treasury Secretary Scott Bessent has underscored the Trump administration’s commitment to blockchain technology and stablecoin integration in banking. He highlighted efforts to remove regulatory barriers to blockchain adoption across the U.S., focusing on creating a more favorable environment for innovation and digital asset growth. Bessent emphasizes a $2 trillion stablecoin market by 2028 as a key goal, driven by his focus on strengthening the dollar’s dominance in global finance.