US Treasury Secretary Becent: It is expected that stablecoins will become a source of demand for US government bonds, and has solicited opinions from Tether, Circle, etc.

According to Foresight News, according to the Financial Times, citing people familiar with the matter, U.S. Treasury Secretary Scott Becente sent a signal to Wall Street that he expected stablecoins to become a source of demand for U.S. government bonds. Becent solicited opinions from stablecoin issuers such as Tether and Circle, and these discussions also mentioned the Treasury plans to increase short-term notes in the next few quarters. The U.S. Treasury Department said the issuance plan will continue to refer to various opinions, including from investors, primary dealers and the Treasury Borrowing Advisory Committee.
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