The US Treasury is counting on stablecoins as a source of demand for government debt – Forecasts – 20 August 2025
U.S. Treasury Secretary Scott Bessent believes that the cryptocurrency industry will become one of the key buyers of U.S. government bonds in the coming years. Of particular importance, he said, will be stablecoins — digital assets backed by currencies and highly liquid securities like Treasuries. Bessent has already held talks with leading issuers, including Tether … Read more