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

The debate over stablecoins and the US dollar's value highlights the complex interplay between domestic economic goals and global financial influence. Balancing these interests will be crucial for the Trump Administration moving forward.