Stablecoins And Treasuries: A Fragile Funding Link Investors Can't Ignore
Source: SeekingAlpha
2025-08-29 03:55:00 ET
By Victor Xing
An underappreciated corner of crypto is shaping US government debt markets. Stablecoins, a type of cryptocurrency designed to retain a stable value, were once seen mainly as digital cash for trading. But stablecoins now hold hundreds of billions of dollars in Treasury bills. And flows into or out of stablecoins can move short-term yields, shift liquidity conditions, and alter Treasuries’ safe-haven role....
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Stablecoins And Treasuries: A Fragile Funding Link Investors Can't Ignore
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