Speaking at the Crypto Summit, US Treasury Secretary Scott Bessent said: We will end the regulatory crackdown on digital assets. The actions of the Biden administration have done nothing but punish innovators and will give a lot of thought to the stablecoin regime. As directed by Trump, we will maintain the United States as the dominant reserve currency in the world. We will do this with stablecoins. Technology is the foundation of President Trump, who embraces technology and will use it to move America forward.