Odaily News U.S. Treasury Secretary Scott Bessent said at the Crypto Summit: We will end the regulatory crackdown on digital assets. The Biden administration's actions have done nothing but punish innovators, and will also think a lot about the stablecoin system. As Trump has instructed, we will maintain the United States' dominant reserve currency position in the world. We will do this through stablecoins. Technology is the foundation of President Trump, he embraces technology, and will use technology to move the United States forward.