Dollar Dominance Act of 2025
Sep 4, 2025
Very pro-crypto
This bill establishes the Office of Strategic Currency Diplomacy within the Department of State. Its primary purpose is to safeguard and promote the United States dollar's status as the global reserve currency. The office will evaluate the foreign policy and national security implications of virtual assets, coordinate strategies to increase dollar holdings and transactions, and counter the proliferation of Central Bank Digital Currencies (CBDCs) in other nations. It will also lead international engagements to expand the use of virtual assets, including USD payment stablecoins.
Current Status
This bill is currently in the legislative process and has not yet been passed into law.Analysis
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Sponsor

A
Warren Davidson(R) Congressperson
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