Opinion: Vance Sees Stablecoins as a New Pillar of U.S. Economic Diplomacy

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 application 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 noted that Vance believes dollar-backed stablecoins can strengthen the U.S.'s power overseas, calling them a "force multiplier" for American influence, and he views stablecoins as a new pillar of U.S. economic diplomacy.