Trump advisor sends blunt message on 'massive' dollar demand

Though the U.S. dollar index (DXY) is still struggling to surpass 100 points, the Donald Trump administration thinks the global demand for the dollar is massive and will only grow. And the White House has pinned its hope on a law focused on "digital dollars." Related: Explained: What is a stablecoin? One battle after another It was in July 2025 that Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law. The legislation aims to regulate stablecoins pegge ...