# US crypto policy shift encourages overseas stablecoin adoption

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/40367
Published: 2026-10-25T01:00:32.000Z
Updated: 2026-10-25T01:00:32.000Z
Section: Regulation

> Saeed Badreg said US crypto policy is encouraging foreign governments to accept stablecoins and major banks to invest, with changes that could outlast the Trump administration.

Saeed Badreg said the US shift toward crypto is encouraging overseas stablecoin adoption and investment by major banks, with changes that could outlast the Trump administration.

The policy shift is influencing how foreign governments and financial institutions approach crypto, Badreg said, as greater regulatory certainty gives businesses more confidence to operate in the sector.

Speaking in an October 23 interview on the Wolf of All Streets, Badreg said the GENIUS Act and the US government's approach were shaping decisions abroad. Drawing on meetings with banks, institutions and startups around the world, the Sunrise CEO described the change as broadly positive for businesses building in crypto.

Badreg said government officials outside the US had told him, “now that the US is doing it, we can too.” Some central banks that previously issued guidance against stablecoins had reversed their positions, he said. He expected many of those changes to survive beyond the Trump administration and said industry builders wanted that progress to continue.

He also highlighted stablecoin issuers' demand for US Treasuries. While the previous US administration viewed stablecoins as a systemic risk to the dollar, he said the sector had become a top 10 buyer of Treasuries, purchasing more US debt than some G20 countries. That demand was playing a meaningful role in financing US borrowing and fiscal deficits, he said.

Major banks' crypto investments extend across several businesses, Badreg said. Citing repeated discussions with JP Morgan, he said the bank had dedicated crypto teams and subsidiaries and was committing substantial funding. Its investments covered five to seven major initiatives rather than a single product, he said.

Badreg described banks' adoption as a response to technology proving its usefulness. He called banking one of the most entrenched industries outside government, saying technology intended to improve it faces resistance until its benefits become clear. After a decade of development and testing, he said, those benefits become difficult to ignore.