Stablecoins Driving Demand for Short-Dated Treasuries, Says US Treasury

In its most recent report examining the implications of digital assets, the US Treasury noted that the “growth in stablecoins has resulted in a modest increase in demand for short-dated Treasuries.” The 132-page report, released for the Treasury Borrowing Advisory Committee, discusses digital assets, focusing on major players like Bitcoin and stablecoins. US Treasury: Stablecoins The post Stablecoins Driving Demand for Short-Dated Treasuries, Says US Treasury appeared first on CoinGape .

Source: CoinGape