{"id":27676,"date":"2025-05-20T13:03:17","date_gmt":"2025-05-20T13:03:17","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27676"},"modified":"2025-05-20T13:03:17","modified_gmt":"2025-05-20T13:03:17","slug":"senator-hagerty-says-stablecoin-issuers-may-surpass-foreign-governments-in-us-treasury-holdings","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27676","title":{"rendered":"Senator Hagerty Says Stablecoin Issuers May Surpass Foreign Governments In US Treasury Holdings"},"content":{"rendered":"<div>\n<p>U.S. Senator <strong>Bill Hagerty<\/strong> (R-TN) said stablecoin issuers could become the <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44812762\/stablecoins-to-surge-to-2-trillion-by-2028-says-standard-chartered-heres-what-it-means-for-the-dollar\">largest holders of U.S. Treasuries<\/a> globally by the end of the decade, citing projections from <strong>Citibank<\/strong>.<\/p>\n<p><strong>What Happened: <\/strong>Speaking in an <a href=\"https:\/\/x.com\/SenatorHagerty\/status\/1924503818131165285\">interview<\/a> with CNBC on Monday, Hagerty emphasized the role stablecoins play in transforming the payments landscape while underscoring their backing by short-term U.S. government debt.<\/p>\n<p>&#8220;This is a payment mechanism and not to be confused with Bitcoin or something that has a speculative component,&#8221; Hagerty said. &#8220;By 2030, stablecoin issuers will be the largest holders of U.S. Treasuries in the world.&#8221;<\/p>\n<p>Hagerty stressed that unlike cryptocurrencies such as <strong>Bitcoin<\/strong> (CRYPTO: <a ...><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45516604\/senator-hagerty-says-stablecoin-issuers-may-surpass-foreign-governments-in-us-treasury-hol\" alt=\"Senator\" hagerty says stablecoin issuers may surpass foreign governments in us treasury holdings>Full story available on Benzinga.com<\/a><\/p>\n<p><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. Senator Bill Hagerty (R-TN) said stablecoin issuers could become the largest holders of U.S. Treasuries globally by the end of the decade, citing projections from Citibank. What Happened: Speaking in an interview with CNBC on Monday, Hagerty emphasized the role stablecoins play in transforming the payments landscape while underscoring their backing by short-term U.S. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-27676","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27676"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27676\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}