Scaramucci: Stablecoins bolster U.S. dollar’s strength and reserve currency role

SkyBridge Capital founder Anthony Scaramucci said on X that stablecoins help reinforce the U.S. dollar’s strength and global reserve role. His remarks came in response to questions about whether the president has a responsibility to defend the dollar’s value and if cryptocurrencies, including memecoins, undermine it. Scaramucci also noted that while addressing the national debt is possible, it’s unlikely to happen with the current leadership in Washington, D.C.