US Treasury secretary Bessent backs cryptos to bolster demand for Treasuries - report ...Middle East

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Bessent is said to seek information from leading stablecoin issuers including Tether and Circle and the talks there centered around plans to increase sales of short-term bills by the US Treasury in wanting the stablecoins to be a real source of new demand for Treasuries.

The full report can be found here (may be gated).

This article was written by Justin Low at investinglive.com.

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