U.S. Treasury Secretary: Implementing the GENIUS Act is crucial for America's leadership in the digital asset space.

Gate News bot message, the U.S. Department of the Treasury has released a draft for public comment pursuant to the GENIUS Act. U.S. Treasury Secretary Besant commented on this, emphasizing that the implementation of this act plays a crucial role in ensuring the United States' leadership in the digital asset sector.

Bessent pointed out that stablecoins will provide billions of people around the world with broader access to the dollar, while also significantly increasing the demand for U.S. Treasury bonds that support stablecoins. He stated: "This is a win-win-win situation for stablecoin users, issuers, and the U.S. Treasury."

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