Bitwise Chief Investment Officer Matt Hougan posted on X, stating that he recently read a speech by U.S. Treasury Secretary Bessent and called it “a defining document for America’s economic role over the next century.”
He noted that Bessent outlined America’s future economic strategy around five principles, with the third principle being: “America will set the rules for the next-generation economy.” Regarding the digital economy, Bessent stated: “Digital assets, stablecoins, tokenization, and new payment systems will help shape the future of money. The United States must not position itself as a bystander in building this future.”Matt Hougan said this statement reflects the U.S. government’s high level of commitment to advancing the crypto industry and underscores that digital assets are becoming an integral part of the future financial system and economic competition landscape.[Odaily]