President Trump just gave a brief pre-recorded speech at the Digital Asset Summit, his first such address as a sitting head of state. He focused on past accomplishments and alluded to new stablecoin developments.
Trump implied that he may be helping create more dollar-backed stablecoins in the near future, but he didn’t make a firm commitment. Still, the federal government could use such an asset to provide huge amounts of liquidity to the whole crypto ecosystem
source: https://beincrypto.com/trump-speech-digital-asset-summit-stablecoins/