Trump's crypto push and Bessent's Treasury playbook are quietly working in tandem

The Genius Act requires stablecoins to hold short-term Treasurys, which could support Treasury Secretary Scott Bessent's effort to shift borrowing toward shorter maturities

How Trump’s Crypto Push Is Linked to Bessent’s Treasury Moves  WSJ

The DXY dollar index fell to 98.6630 on Friday, down 0.23% from the previous session, bringing its decline over the past month to 2.43%. The dollar’s weakness follows the Treasury Department’s decision to at least double its purchases of longer-dated government bonds, a move that initially triggered a selloff in the cu