• Standard Chartered said stablecoin growth could generate up to $1 trillion in new T-bill demand by 2028, potentially reshaping issuance.

Article Summaries:

  • Standard Chartered’s research suggests that the rapid expansion of stablecoins could create up to $1 trillion in new demand for U.S. Treasury bills by 2028. The bank argues that this influx of demand would give the Treasury greater flexibility to adjust its issuance strategy, potentially allowing it to shift the mix of maturities or reduce reliance on short‑term debt. The analysis highlights stablecoins as a significant, though still emerging, source of liquidity that could influence the federal government’s borrowing dynamics over the next decade.

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