Stablecoins are a massive threat to the US Treasury market

The US Treasury market is staring down a new threat, and it’s not coming from Wall Street or foreign governments—it’s coming from stablecoins. According to Reuters, as the crypto world gets closer to being regulated by Congress, these dollar-pegged tokens are now crawling straight into the short-term government debt market. And if lawmakers pass the […] source: https://www.cryptopolitan.com/stablecoins-threat-to-the-us-treasury-market/