Stablecoins Could Obliterate $7 Trillion In Global Costs—Anthony Scaramucci

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Stablecoins could help the US keep its financial edge and lower global transaction fees, according to SkyBridge Capital founder Anthony Scaramucci. During an interview with CNBC this week, he said these dollar-pegged digital tokens aren’t just a crypto tool—they might be a way to boost the demand for US Treasuries and cut down on $7 trillion worth of annual global transaction costs.

Scaramucci’s remarks came shortly after the US Senate advanced the GENIUS Act with a 66-22 vote, marking a rare moment of bipartisan agreement over how digital assets should be regulated.

Stablecoins Backed By Treasuries

Circle and Tether, two major players in the stablecoin space, are quietly buying up large

Continue reading