Back

Stablecoin growth could ease Treasury yield pressure; Bessent sees $3.7 trillion by 2030

Verifying
  • Wall Street financial firms are expanding dollar-backed stablecoin issuance.
  • $3.7 trillion is Bessent’s expected global stablecoin issuance for 2030.
  • The GENIUS Act was enacted last year and is set for full effect next year.
The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.