US Treasury Secretary Scott Bessent announced information that participants in the crypto industry will become key buyers of US government debt in the coming years. Sources say that the ministry, based on information about the demand for bonds from issuers of stablecoins, decided to increase sales of short-term bills.
JPMorgan Chase, one of the largest dealers in the US bond market, said that the US Treasury and its head are confident that stablecoins will become a real source of new demand for treasury debt securities. And that is why it is convenient for the agency to allocate the issue in favor of short-term liabilities, the bank explained.
