📈 #CryptoNews: Demand for stablecoins surges, driving up demand for short-term U.S. bonds 🇺🇸

- The U.S. Treasury discusses the benefits of stablecoins and tokenizing T-bills

- Proposal to create a permissioned blockchain for T-bills

- Stablecoins primarily backed by T-bills or repo transactions supported by T-bills

- Tokenizing T-bills could improve market efficiency and innovation but also carries financial risks

💰 The stablecoin market reached a record 180 million USD in 2024

- Tether (USDT) leads with 120 billion USD

- Circle's USD Coin (USDC) ranks second with 35 billion USD

🌐 Tokenizing real-world assets (RWA) opens up a global market opportunity of 30 trillion USD

💬 What do you think about the future of stablecoins and tokenizing T-bills? Share your thoughts! 👇

#Blockchain #Finance #Tech #BTC #CryptoMarket