Crypto and the Trump Admin could experience friction over stablecoins.

Some in the Admin want to devalue the $ to spur domestic industry. Others don’t because this would diminish reserve-currency status/global influence.

Bringing stablecoins to billions of people would increase $ demand and make devaluing harder

Stablecoins are indeed becoming a hot topic in the intersection of crypto and global finance. The debate over their impact on the US dollar's value is a key issue for the Trump Administration. Balancing domestic industry interests with maintaining the dollar's global influence is a delicate task. The potential effects of stablecoins on the dollar's demand and value add another layer of complexity to this discussion.