According to online reports, U.S. Treasury Secretary Basent issued a document on platform X that blockchain technology will provide power for the next generation of payments, and the U.S. dollar is coming onchain. Thanks to Trump's leadership and Senator Bill Hagerty's important work in Congress, the GENIUS Act will help consolidate the dollar's status as a global reserve currency for future generations. In addition, U.S. Deputy Treasury Secretary Michael Faulkender also said that with the GENIUS Act providing legal clarity for stablecoins, the United States now has faster, cheaper, and safer transactions, which has increased global support for U.S. dollar-backed digital payment acceptance and demand have strengthened the commitment to build the United States into the world's crypto capital.