{"id":43146,"date":"2025-08-20T12:16:37","date_gmt":"2025-08-20T12:16:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43146"},"modified":"2025-08-20T12:16:37","modified_gmt":"2025-08-20T12:16:37","slug":"this-litte-known-plan-by-the-us-treasury-could-derail-the-bitcoin-ethereum-bull-run","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43146","title":{"rendered":"This Litte-Known Plan By The US Treasury Could Derail The Bitcoin, Ethereum Bull Run"},"content":{"rendered":"<div>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/politics\/25\/08\/47025211\/scott-bessent-calls-tariffs-a-melting-ice-cube-says-they-could-disappear-as-trade-rebalances\">The U.S. Treasury&#8217;s plan<\/a> to refill its General Account (TGA) with $500\u2013600 billion over the next two months is set to test one of the most fragile liquidity environments in a decade.<\/p>\n<p><strong>What Happened: <\/strong>According to <strong>Marcus Wu<\/strong>, Markets Research at <strong>Delphi Digital<\/strong>, the implications extend far beyond traditional finance, with stablecoins now positioned as both the first casualty and the unlikely stabilizer of this liquidity drain.<\/p>\n<p>&#8220;In 2023, a $550B TGA rebuild was cushioned by over $2T in the Fed&#8217;s Reverse Repo Facility, healthy bank reserves and strong foreign Treasury demand,&#8221; Wu <a href=\"https:\/\/x.com\/that1618guy\/status\/1957819847628194190?t=f2QUq1Dt_6zujUaYay2HTg&amp;s=19\">said<\/a>. &#8220;Those buffers are now gone.&#8221;<\/p>\n<p>Unlike prior cycles, every new dollar raised this fall will come directly from active market liquidity, magnifying the transmission of stress into risk assets. <\/p>\n<p>Wu argues that crypto markets, particularly stablecoins, will be the first to show signs of strain.<\/p>\n<p>&#8220;In 2021, stablecoin supply expanded even as the TGA rose, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/47231171\/this-litte-known-plan-by-the-us-treasury-could-derail-the-bitcoin-ethereum-bull-run\" alt=\"This\" litte-known plan by the us treasury could derail bitcoin ethereum bull run>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Treasury&#8217;s plan to refill its General Account (TGA) with $500\u2013600 billion over the next two months is set to test one of the most fragile liquidity environments in a decade. What Happened: According to Marcus Wu, Markets Research at Delphi Digital, the implications extend far beyond traditional finance, with stablecoins now positioned as [&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-43146","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\/43146","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=43146"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43146\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}