US Treasury Secretary Bets on Stablecoins as Key Buyers of US Debt, Driving Cryptocurrency Integration into the Financial Mainstream

By: theblockbeats.news|2025/08/20 12:52:05
0
Share
copy

BlockBeats News, August 20th, according to the Financial Times, U.S. Treasury Secretary Yellen is betting that the cryptocurrency industry will become a key buyer of U.S. debt in the coming years as the U.S. government seeks to support the massive demand for new bonds.

Sources familiar with the matter said Yellen has sought information from major stablecoin issuers such as Tether and Circle, with these discussions affecting the Treasury Department's plans to increase short-term Treasury bill sales in the coming quarters.

The U.S. Treasury Department hopes that stablecoins will become a key source of demand for U.S. government bonds, marking the latest sign of the White House's push to bring cryptocurrency into the heart of the U.S. financial system. Jay Barry, global head of rates strategy at JPMorgan, one of the largest bond market traders, said, "Secretary Yellen and the Treasury absolutely see stablecoins as a real source of new demand for U.S. debt. This is absolutely the reason he feels comfortable increasing the share of short-term debt issuance." (IG)

You may also like

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Every trend here is affecting everyone's future survival.

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass

Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

Popular coins

Latest Crypto News

Read more