{"id":163306,"date":"2025-07-20T17:56:11","date_gmt":"2025-07-20T14:56:11","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=163306"},"modified":"2025-07-20T17:56:11","modified_gmt":"2025-07-20T14:56:11","slug":"u-s-dollar-comes-onchain-as-genius-act-ushers-in-digital-era","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/u-s-dollar-comes-onchain-as-genius-act-ushers-in-digital-era\/","title":{"rendered":"U.S. Dollar Comes Onchain as GENIUS Act Ushers in Digital Era"},"content":{"rendered":"<p>Bessent <strong><a href=\"https:\/\/x.com\/SecScottBessent\/status\/1946283991562084432\" target=\"_blank\" rel=\"nofollow\">praised<\/a><\/strong> President Trump\u2019s \u201cvisionary leadership\u201d and acknowledged Senator Bill Hagerty\u2019s legislative work in securing the GENIUS Act\u2019s passage through Congress. According to the Treasury chief, this new law will help cement the U.S. dollar\u2019s role as the global reserve currency for the foreseeable future.<\/p>\n<p>\u201cThe U.S. dollar is coming onchain,\u201d Bessent posted on social media, emphasizing that blockchain is set to power the next generation of financial infrastructure.<\/p>\n<p>The GENIUS Act, which aligns federal policy with crypto innovation, appears to be a key part of the Trump administration\u2019s broader effort to ensure American dominance in the emerging digital currency era.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/top-10-trending-cryptocurrencies-according-to-coingecko\/\" title=\"Top 10 Trending Cryptocurrencies, According to CoinGecko\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/09\/crypto_market_altcoins_rise-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Top 10 Trending Cryptocurrencies, According to CoinGecko<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>While specifics of the onchain dollar implementation remain under wraps, the announcement signals an accelerated push by Washington to digitize national currency, potentially through a U.S.-backed stablecoin or blockchain-integrated payment rails. Bessent\u2019s endorsement underscores how blockchain has moved from fringe to foundational in U.S. monetary strategy.<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a statement that marks a major policy shift, U.S. Treasury Secretary Scott Bessent confirmed that blockchain technologies will play a central role in the future of American payments, with the U.S. dollar officially moving &#8220;onchain.&#8221;<\/p>\n","protected":false},"author":7,"featured_media":79219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[71],"class_list":["post-163306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-stablecoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ 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