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Crypto

Stablecoins could boost US dollar and Treasury demand: BoE

Chloe1 min read

Dollar stablecoins have grown to about $300 billion in circulation, prompting a Bank of England policymaker to warn that their expansion could increase demand for US Treasurys while creating new risks during periods of heavy redemptions. Stablecoins could extend the…

Source: https://crypto.news/stablecoins-could-boost-us-dollar-and-treasury-demand/

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Chloe

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