{"id":29486,"date":"2025-05-30T15:03:46","date_gmt":"2025-05-30T15:03:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29486"},"modified":"2025-05-30T15:03:46","modified_gmt":"2025-05-30T15:03:46","slug":"stablecoins-boost-treasury-bill-demand-reflect-dollar-dominance-citi-says","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29486","title":{"rendered":"Stablecoins Boost Treasury Bill Demand, Reflect Dollar Dominance, Citi Says"},"content":{"rendered":"<div>\n<p>Stablecoins are playing an increasingly important role in both crypto markets and traditional finance, according to a Friday report by Wall Street giant Citigroup. <\/p>\n<p>As stablecoin usage grows, so does their demand for short-term U.S. Treasuries, although substitution from money market funds may limit the net effect, the report said.<\/p>\n<p>Legislation under consideration in Congress could further entrench this trend by requiring reserves to be held in short-dated government debt, the bank noted.<\/p>\n<p>Citi said the U.S. dollar\u2019s dominance in stablecoin issuance reflects its status as the global reserve currency, rather than driving it. <\/p>\n<p>Dollar-backed stablecoins like USDT remain dominant, fueled by their central role in crypto trading and blockchain-based payments, the bank said.<\/p>\n<p>Meanwhile, new players like PayPal (PYPL) and Visa (V) are also experimenting with stablecoin use cases, Citi said.<\/p>\n<p>The potential market is significant, $1.6\u2013$3.7 trillion by 2030, according to Citi, but regulatory constraints such as yield restrictions may cap growth. <\/p>\n<p>Still, stablecoin issuance trends could offer insights into the evolving global monetary order, the report added.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/05\/22\/us-stablecoin-bill-approval-could-trigger-a-long-term-crypto-bull-market-bitwise\"><span style=\"text-decoration:underline\">U.S. Stablecoin Bill Approval Could Trigger a Long-Term Crypto Bull Market: Bitwise<\/span><\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stablecoins are playing an increasingly important role in both crypto markets and traditional finance, according to a Friday report by Wall Street giant Citigroup. As stablecoin usage grows, so does their demand for short-term U.S. Treasuries, although substitution from money market funds may limit the net effect, the report said. Legislation under consideration in Congress [&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-29486","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\/29486","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=29486"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29486\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}