{"id":157788,"date":"2025-05-22T16:00:36","date_gmt":"2025-05-22T13:00:36","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=157788"},"modified":"2025-05-22T03:47:45","modified_gmt":"2025-05-22T00:47:45","slug":"stablecoin-issuers-could-soon-be-major-buyers-of-u-s-treasuries-says-senator","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/stablecoin-issuers-could-soon-be-major-buyers-of-u-s-treasuries-says-senator\/","title":{"rendered":"Stablecoin Issuers Could Soon Be Major Buyers of U.S. Treasuries, Says Senator"},"content":{"rendered":"

Speaking in a recent CNBC interview, Hagerty highlighted that stablecoins\u2014digital assets backed by reserves\u2014will require massive amounts of highly secure, short-term assets to maintain dollar pegs. In his view, that demand will translate into a surge of purchases of Treasury bills.<\/p>\n

\u201cWe\u2019re going to see stablecoin issuers emerge as the top buyers of U.S. Treasuries globally,\u201d Hagerty predicted.<\/p>\n

The Tennessee senator is behind the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins), a bipartisan proposal designed to create a regulatory framework for stablecoins. The bill is gaining traction in Congress and could help formalize rules requiring stablecoins to be backed one-to-one by cash or short-term government debt.<\/p>\n