David Sachs, the American advocate for cryptocurrencies,

David Sachs, the American advocate for cryptocurrencies, said in an interview with CNBC that the passage of the GENIUS Act for stablecoins could stimulate a demand worth trillions of dollars for U.S. Treasury bonds.
He believes that once the bill establishes a clear legal framework, the stablecoin market - currently valued at around $200 billion in unregulated countries - could rapidly grow to become a trillion-dollar industry.
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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}David Sachs, the American advocate for cryptocurrencies, said in an interview with CNBC that the passage of the GENIUS Act for stablecoins could stimulate a demand worth trillions of dollars for U.S. Treasury bonds.

David Sachs, the American advocate for cryptocurrencies, said in an interview with CNBC that the passage of the GENIUS Act for stablecoins could stimulate a demand worth trillions of dollars for U.S. Treasury bonds.