US Treasury links crypto stablecoin growth to rising T-Bill demand

Stablecoin expansion is fueling demand for short-term U.S. government bonds—Treasury bills (T-bills), says the U.S. Treasury’s latest meeting minutes. These records from October 29 reveal that as crypto-backed stablecoins grow, so does interest in T-bills. Meeting attendees discussed the potential of tokenizing Treasury assets on a blockchain, possibly a permissioned blockchain specifically... source: https://www.cryptopolitan.com/us-treasury-links-crypto-stablecoin-growth/