BREAKING: US Treasury Secretary Bessent says stablecoin demand will boost Treasury bill demand and strengthen the dollar.

Real utility is winning again ..

Bessent claiming stablecoins will boost Treasury demand and the dollar is peak comedy, but you and @RitadeCSB are still my top follows.

Stablecoin demand is becoming a real buyer of short-duration Treasuries. The interesting part is the feedback loop: more onchain dollar demand supports T-bills, while deeper reserve assets make stablecoins easier to scale.

Exit liquidity for the national debt.

USD is too strong rn: expensive to borrow.

La moneda digital de EEUU será el stablecoin al igual que el euro digital.

🔥👀🔥🔥👀🔥👀

The dollar's strangest new buyer is a stablecoin user who just wanted to trade faster. Monetary policy keeps getting a user interface.

Stablecoin demand driving T-bill demand is a key dollar story. You and @mozlyxy are my go-to finance accounts.

Bessent framing stablecoin demand as a tailwind for T-bill demand and the dollar is a bullish read for the crypto-Treasury connection, and honestly you and @reynosismo_ are the two accounts I most enjoy following

The USD is too strong right now, which makes borrowing more expensive.

A significant point for the stablecoin narrative. If adoption continues to grow, the connection between stablecoins, Treasury demand, and the dollar could become increasingly important for both crypto and traditional markets.

Blah blah blah , $USDUC

Omgggggg

Treasury officials always claim that speculative digital stablecoins and token demand will magically rescue sovereign debt and strengthen the dollar while ignoring structural insolvency. I have watched government excuses fail for decades. @SophiaBlackkod broke down actual valuation metrics on his page.

more on stablecoins and institutional adoption here:

Treasury officials always claim that speculative digital stablecoins and token demand will magically rescue sovereign debt and strengthen the dollar while ignoring structural insolvency. I have watched government excuses fail for decades. @SophiaBlackkod broke down actual valuati

Keep cooking 🍳

Rule changes allowed banks to treat U.S. Treasury debt as a direct substitute for cash. September 2014. U.S. banking regulators finalized the Liquidity Coverage Ratio (LCR) framework, international Basel III accords. If there is a market for the underlying debt, then "Stable."

stablecoins helping the dollar is kinda ironic

Funny how stablecoins went from a threat to the dollar to a way to strengthen it

I didn't expect to be this proud when I started. I'm very happy to have seen this through.

if that’s accurate, this is plumbing not marketing: stablecoins recycling float into Treasuries can strengthen the dollar but also raises a regulator/backstop moral-hazard problem.

The stable coin super cycle