Latest / The Cryptocurrency Economy with Fexingo: Bitcoin, Ethereum, and Digital Money Markets
How Stablecoins Are Becoming the Dollar's Digital Backbone
Lucas and Luna dig into the quiet revolution in stablecoins — specifically, how the biggest issuers are now parking reserves in short-term Treasuries and repo, effectively turning these tokens into a new layer of the dollar system. With the Fed holding rates at 3.65% on reserve balances and T-bill yields still attractive, stablecoin market cap has crept above $180 billion. But regulators are circling: the STABLE Act, new state-level frameworks in New York and Wyoming, and the SEC's lingering uncertainty about what counts as a security. The hosts walk through the plumbing, the numbers…
The skinny
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