Stablecoin Market Growth Influences U.S. Treasury Demand

According to PANews, recent reports indicate that the daily trading volume of dollar-pegged stablecoins has surpassed $100 billion since June, significantly exceeding the trading volumes of Bitcoin and Ethereum. Based on quarterly reports from Tether and Circle, it is estimated that U. S. Treasury bonds constitute at least 80% of the reserve assets for the total $250 billion in dollar stablecoins, effectively increasing the demand for U source: https://www.binance.com/en/square/post/26084155064602?utm_source=BinanceNewsRSS