The United States is considering promoting dollar stablecoins overseas in a bid to consolidate the dollar's reserve status.

Zhito Finance APP has learned that, according to people familiar with the matter, the Trump administration is considering an initiative to promote U.S. dollar-denominated stablecoins overseas, aiming to strengthen the dollar's status as a global reserve asset. The people familiar with the matter said the stablecoin project is one of the areas the U.S. government is considering supporting through joint ventures with the private sector, with the goal of preserving the dollar's monetary dominance and boosting demand for U.S. Treasury bonds. Stablecoin issuers typically hold cash and short-term government debt as reserves for their tokens.