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Goldman Sachs says we’re on the verge of a stablecoin gold rush worth trillions
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Goldman Sachs says we’re on the verge of a stablecoin gold rush worth trillions

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U.S. Treasury Secretary Scott Bessent believes stablecoins will buoy the market for U.S. Treasuries, and the government will sell more short-term debt to meet that demand.

U.S. Treasury Secretary Scott Bessent believes stablecoins will buoy the market for U.S. Treasuries, and the government will sell more short-term debt to meet that demand, according to the Financial Times. “Bessent has signalled to Wall Street that h... [3508 chars]

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Source: Fortune

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