U.S. Treasury Report Proposes CBDC Replacement for Private Stablecoins
TLDR U.S. Treasury released report suggesting stablecoins should be replaced by CBDCs Treasury estimates $120B in T-bills bought by stablecoin issuers, with Tether holding $81B Report warns of potential “fire-sale” risk if major stablecoins collapse Over 80% of crypto transactions involve stablecoins, with USDT leading in trading volume Trump opposes CBDCs but his project World [.
TLDR U.S. Treasury released report suggesting stablecoins should be replaced by CBDCs Treasury estimates $120B in T-bills bought by stablecoin issuers, with Tether holding $81B Report warns of potential “fire-sale” risk if major stablecoins collapse Over 80% of crypto transactions involve stablecoins, with USDT leading in trading volume Trump opposes CBDCs but his project World [. What's Your Reaction?
