Crypto Czar David Sacks: "POTUS declared that he wanted to make the U.S. the crypto capital..."

This is one of the core uses of blockchain technology, is that it can facilitate faster settlement, lower fees, more transparency. It's a smoother, faster payment system. One of the big use cases that's emerged for blockchain infrastructure is simply to support the moving of the traditional US Dollar into crypto wallets, and they can be used as a new kind of payment system. So this is very exciting. I think this is the kind of innovation we want to support. Before President Trump's election, all the innovation in the crypto community was moving offshore because Biden had declared on crypto. President Trump declared that he wanted to make the United States the crypto capital of the planet. He wants to support innovation and growth. And I think that this stablecoin bill will be, I think, a major success for his agenda.