Online reports, according to Coinpedia, U.S. Treasury Secretary Scott Bessent said in a recent interview that stablecoins may bring short-term demand for U.S. Treasury bonds and treasury bonds, much higher than the current $300 billion. Bessent reiterated the Trump administration's firm support for cryptocurrency innovation and criticized the previous administration's disruptive regulatory stance. He promised to encourage sustainable innovation through a balanced and improved regulatory framework. Stable currencies such as Tether (USDT) are usually backed 1:1 in fiat currencies such as the US dollar and hold reserves in liquid assets, including government bonds. As these tokens gain wider adoption, their issuers become important buyers of U.S. debt instruments. At the same time, the U.S. Senate is preparing a stablecoin regulation bill that is expected to provide legal clarity and promote institutional adoption. Market rumors are that Fidelity and JPMorgan may soon issue their own stablecoins.