@amazix
In a new report, the U.S. Treasury said “growth in stablecoins has resulted in a modest increase in demand for short-dated Treasuries.”
The Treasury also estimated that $120 billion of stablecoin collateral has been invested in Treasuries.
https://www.theblock.co/post/323750/us-treasury-says-stablecoin-growth-is-increasing-demand-for-t-bills
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