Institution: Stablecoins will increase demand for US government bonds, but the specific scale is not yet determined.

date
29/07/2025
Institutional research suggests that the wider application of payment stablecoins is expected to increase the net demand for US Treasuries and other high-quality liquid assets. Although the specific size of the additional net demand remains to be seen, it is estimated that every $1 trillion in stablecoins could generate $100-300 billion in net demand for US Treasuries.