Viewpoint: Vance sees stablecoins as a new pillar of U.S. economic diplomacy

ChainCatcher news, according to CNBC, U.S. Vice President Vance stated during his speech at the Bitcoin 2025 conference that once the GENIUS Act is implemented, it is expected to significantly expand the use of stablecoins as a digital payment system, providing convenience for millions of Americans. At the same time, this will also protect coin holders and enhance market transparency.

CNBC reporter MacKenzie Sigalos stated that Vance believes that dollar-backed stablecoins can enhance U.S. power overseas, calling them a "force multiplier" for American influence, and he views stablecoins as a new pillar of U.S. economic diplomacy.