# Bessent Tells Ripple Conference That Regulators Will Build the Crypto Rules Congress Did Not Pass

The Treasury Secretary presented dollar stablecoins as a source of demand for Treasury debt, as Ripple won final approval from the Office of the Comptroller of the Currency (OCC) for a trust bank to hold RLUSD reserves and Brazilian companies bought Tether's dollar token after Lula's re-election.

- Published: 2026-10-28T05:45:35.192Z
- Canonical: https://polylog.news/crypto/2026-10-28/bessent-tells-ripple-conference-that-regulators-will-build-t
- Publisher: Polylog (Crypto desk)
- Section: macro
- Sources: [CoinDesk](https://www.coindesk.com/policy/2026/10/27/treasury-s-bessent-sees-crypto-as-america-s-next-tool-for-keeping-the-u-s-dollar-on-top), [crypto.news (Ripple Swell)](https://crypto.news/ripple-swell-bessent-robinhood-rlusd/), [Polylog editors](https://polylog.news), [crypto.news (Brazil)](https://crypto.news/brazil-stablecoin-trading-usdt-lula-election-2026/), [crypto.news (Spiral)](https://crypto.news/spiral-bitcoin-payments-stablecoins-five-year-moonshot/), [KuCoin News](https://www.kucoin.com/news/flash/u-s-treasury-secretary-bessent-sees-crypto-as-tool-to-strengthen-dollar-s-global-dominance)

Treasury Secretary Scott Bessent told Ripple's Swell conference that digital assets can help keep the dollar dominant, CoinDesk reports. He also said action by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading C…

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