Standard Chartered Bank stated that as the scale of stablecoins continues to expand, by 2028, they could generate an additional demand of up to $1 trillion in U.S. Treasury bonds (mainly short-term T-bills). The report pointed out that stablecoin issuers typically hold short-term U.S. debt as reserve assets. If stablecoin supply grows significantly, it will create structural buying pressure in the U.S. short-term debt market and may provide room for the U.S. Treasury to adjust its debt issuance structure. (TheBlock)
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Standard Chartered Bank stated that as the scale of stablecoins continues to expand, by 2028, they could generate an additional demand of up to $1 trillion in U.S. Treasury bonds (mainly short-term T-bills). The report pointed out that stablecoin issuers typically hold short-term U.S. debt as reserve assets. If stablecoin supply grows significantly, it will create structural buying pressure in the U.S. short-term debt market and may provide room for the U.S. Treasury to adjust its debt issuance structure. (TheBlock)