加拿大国际治理创新中心CIGI：稳定币如何在关税世界中运作？（英文版）

This paper explores stablecoins’ role in addressing geoeconomic fragmentation and rising tariffs projected for 2025. As protectionist policies and regional alliances disrupt global trade, stablecoins offer solutions for enhancing trade efficiency. The United States is leveraging stablecoins to reinforce dollar dominance, with the Trump administration and Treasury Secretary Scott Bessent promoting dollar-backed stablecoins through the GENIUS Act (2025). This legislation enforces strict reserve