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Stablecoins Could Obliterate $7 Trillion In Global Costs—Anthony Scaramucci

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Stablecoins Could Obliterate $7 Trillion In Global Costs—Anthony Scaramucci - Bitcoinist

Quick Summary:

Stablecoins could help the US keep its financial edge and lower global transaction fees, according to SkyBridge Capital founder Anthony Scaramucci.

While crypto regulation has often been a divisive issue in Washington, the GENIUS Act is starting to change that.

This new push for stablecoins is also seen as a way to keep the dollar dominant in global finance.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-23 @ 16:30:19 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 433 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28926864

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About Bitcoinist

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Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 20 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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The outlet is headquartered in Hungary and publishes an average of 20 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://polinwei.beamstart.com/news/stablecoins-could-obliterate-7-trillion-1748018230

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