Onyx

Coin

<ul class="wp-block-list news-points"> 
 <li><strong>Stablecoins are increasing demand for U.S. Treasuries, with $120 billion in collateral invested.</strong></li> 
 <li><strong>Blockchain initiatives, like JPMorgan’s Onyx Platform, are revolutionizing Treasury operations and post-trade processes.</strong></li> 
 <li><strong>Most central banks are exploring CBDCs to address emerging challenges in the digital asset landscape.</strong></li> 
</ul> 
<p>Digital assets, particularly stablecoins and blockchain projects, are reshaping the financial landscape. A <a href="https://x.com/ThinkingCrypto1/status/1851662191176318999" target="_blank" rel="nofollow">report</a> from the U.S. Department of Treasury shows that digital currencies are driving demand for U.S. Treasuries as investors and institutions explore blockchain’s potential to enhance the efficiency of financial transactions.</p> 
<h2 class="wp-block-heading" id="h-stablecoins-increase-treasury-demand">Stablecoins Increase Treasury Demand</h2> 
<p><a href="https://coinedition.com/stablecoin-market-dips-2-7-as-pyusd-rewards-decline-impacts-growth/">Stablecoins</a>, digital currencies pegged to fiat assets, play a crucial role in boosting Treasury demand. An estimated $120 billion in stablecoin collateral is invested in Treasuries. Tether, the largest stablecoin by market capitalization, allocates 68.3% of its $118.4 billion reserves to Treasury bills.</p> 
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<p>Other major stablecoins, such as USDC, also boost this demand. Stablecoins act as collateral in decentralized finance (DeFi) markets and provide liquidity in digital tran…</p>
<p>The post <a href="https://coinedition.com/stablecoins-and-blockchain-drive-demand-for-us-treasuries-report/">Stablecoins and Blockchain Drive Demand for US Treasuries: Report</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Stablecoins and Blockchain Drive Demand for US Treasuries: Report

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