President Trump aims to enhance the U.S. Dollar’s standing with stablecoins as a central part of the strategy. The U.S. Treasury has initiated legislation to hasten the development and acceptance of stablecoins.

Tether’s USDT has become a key player in the market, ranking as the seventh-largest purchaser of U.S. Treasury bills. In 2024, Tether acquired 33 billion USD in T-bills, positioning itself ahead of other countries.

The stablecoin sector is witnessing heightened interest, with both Trump-affiliated entities and major financial institutions launching new stablecoins. Recent legislation proposals, including the GENIUS and STABLE Acts, aim to regulate this expanding market.