How Crypto’s Most Boring Token Became the U.S. Treasury’s $200 Billion Lifeline – And Why It Could Hit $2 Trillion
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Major banks are scrambling to launch stablecoins as digital tokens emerge as an unexpected lifeline for U.S. Treasury markets
The crypto world’s most boring investment might just become Wall Street’s most important player. Stablecoins—digital tokens pegged to the dollar—are quietly positioning themselves as a crucial buyer of U.S. government debt, potentially absorbing hundreds of billions in Treasury securities over the next decade.
Stablecoins now account for roughly $200 billion in Treasury and repo market investments—about 80% of the $256 billion stablecoin market, according to Reuters.
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