The administration of former President Donald Trump is exploring ways to promote dollar-backed stablecoins internationally, potentially through partnerships with private companies. This information was reported by Bloomberg, citing informed sources.
According to these sources, the initiative is still in the planning stages and may involve the Department of the Treasury, the State Department, and the U.S. International Development Finance Corporation (DFC). The DFC acts as the government’s international investment arm, aiming to leverage private capital for foreign policy and economic goals.
Insiders indicated that increasing the use of dollar-backed stablecoins could bolster the global status of the USD and enhance demand for U.S. Treasury securities. Neither the Treasury nor the White House responded to Bloomberg’s inquiries, while the State Department and DFC declined to comment.
In July, the U.S. President signed the GENIUS Act, which established federal regulations for payment stablecoins. In August 2026, the Treasury presented another draft of regulations to implement the law, expecting that from January 18, 2027, the issuance of such assets will generally require a federal or state license.
This international focus has already appeared in official initiatives. On July 14, the U.S. Treasury and the British Treasury endorsed cross-border use of stablecoins, highlighting the private sector’s role in providing capital and payment infrastructure.
Notably, on September 22, U.S. Treasury Secretary Scott Bessent referred to dollar-pegged “stablecoins” as a tool for maintaining the global role of the national currency.
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