US President Donald Trump is a crypto pro and that is the reason why the community has supported him and he has come into power in the United States. He has done a couple of good things for the Crypto but I think that is not all because there is a lot expected from him to bring on crypto space and seems like he is doing that.
This is good I think because he's not just trying to bring more value to the Crypto but he's also involved with some people who are criticising that he should not be doing this. Donald Trump is in favour of bringing stable coins into the mainstream so that more people can be using this and because it is going to be backed by the us dollar it will also strengthen the usd currency. He addressed this event of Coinbase where he talked about various things about Crypto which is like regulation for cryptocurrency and also bringing more value to the stablecoins.
US President Donald Trump released a prerecorded message for attendees of Coinbase’s State of Crypto Summit as Congress considers legislation to regulate payment stablecoins and establish a digital asset market structure framework.
We know that U S is a big market for Crypto so if something good is happening there then similarly we can see the impact in other countries and markets as well and that's what we are expecting to grow. Undoubtedly now the life of exchanges in the U.S. is easy and also the projects that are built in us and having a presence there are flourishing now.
In a way, everything is going great for the Crypto from the US perspective where things are going well and probably will see a lot happening in future. This time when some of the countries are doing great in Crypto and one of the example is Dubai that is building its country as a hub for Crypto innovations and development where us is also trying to do the same but looks like this could be a competitive scenario that which countries going to do the best. Lets see how all these things what value addition it does in the Crypto World so that more companies are able to deliver the best of their services and also result in a value appreciation for their coins and all together into Bitcoin.
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