Founders: The US needs a new nation to buy its Treasuries…So it created one.
Standard Charter
The US needed another nation to buy its Treasuries…So it created one. - VBL
Stablecoins require reserves; we see this supply growth generating USD 1.6tn of new US T-bill demand
That level of demand is enough to absorb all new T-bill issuance planned during Trump’s second term
USD dominance in stablecoin supply should further extend USD hegemony