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Michael A. Gayed, CFA
leadlagreport.bsky.social
did:plc:juectsagu4s5sptwbkk6h45z
According to US Treasury Secretary Scott Bessent, stablecoins will support the market for US Treasuries, and the government will sell more short-term debt to meet the higher demand.
Tether (USDT), the most widely used stablecoin, purchases huge quantities of Treasury bills for its reserves.
2025-08-23T15:32:06.306Z