In the late night, U.S. Treasury Secretary Becerra made shocking remarks on social media, stating that "stablecoins are not competitors to the dollar, but rather the infrastructure that strengthens the dollar's dominance in the 21st century." This statement marks a significant shift in Washington's attitude towards encryption assets.

In the past, U.S. policymakers generally viewed cryptocurrency assets as a threat, but now Bessent has openly acknowledged a key fact: of the approximately 80 billion stablecoins in global circulation, 93% are pegged to the dollar. This effectively extends the influence of the dollar in the digital currency space.

On-chain data shows that in the first quarter of 2025, the total settlement amount of US dollar stablecoins reached an astonishing $11.3 trillion, a year-on-year increase of 214%, with trading volume surpassing Visa's annual processing volume. This phenomenon reveals the intricacies of the US financial strategy—there is no need to issue a central bank digital currency (CBDC); as long as the issuance rights of compliant stablecoins are controlled, the US dollar can maintain its dominant position in the Web3 era.

This strategy is more efficient than traditional military presence, with approximately 2.7 million encryption wallet addresses unknowingly strengthening the global status of the dollar every day, creating a financial network with almost zero-cost expansion.

Behind Besant's unexpected statement is the gradual advancement of the "GENIUS Act." This act requires all stablecoin issuers to hold equivalent dollar assets and U.S. Treasury bonds, and it requires custodians to obtain federal licenses. This essentially establishes a strict regulatory framework for stablecoin giants like Tether and Circle, bringing them under the supervision of the U.S. financial system.

This policy shift reflects the United States' strategic adjustment from resisting to embracing encryption assets, while also demonstrating how to transform emerging financial tools into instruments for safeguarding national interests.