The stablecoin market is projected to hit 2 trillion USD by 2028, potentially exceeding China’s 784 billion USD in U.S. Treasury assets. As stablecoins currently back more than 120 billion USD in short-term Treasuries, there’s a strong demand for U.S. Debt.
New legislative measures may compel stablecoin companies to bolster U.S. Treasury purchases, ensuring that reserves primarily consist of these securities. This could enable stablecoins to become the leading investors in U.S. Treasuries, reducing dependence on foreign countries.
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