According to online reports, according to Cointelegraph, Federal Reserve Governor Christopher Waller expressed in an interview with the think tank Atlantic Council that he supports the development of stablecoins under clear rules and regulations, believing that this will help consolidate the US dollar's status as a global reserve currency. Waller pointed out that stablecoins will expand the global influence of the dollar and make it a more important reserve currency than it is now. Data shows that the US dollar currently accounts for more than 99% of the stablecoin market share, of which the largest stablecoin USDT accounts for nearly 80% of stablecoin trading volume. At the same time, U.S. Senator Bill Hagerty introduced the GENIUS stablecoin bill on February 4, which aims to create a regulatory framework for high-market-value U.S. dollar-anchored crypto tokens.