Latest / The Cryptocurrency Economy with Fexingo: Bitcoin, Ethereum, and Digital Money Markets
How Stablecoins Became The Hidden Central Bank
We explore how stablecoin issuers like Tether and Circle have quietly become the largest holders of US Treasuries, effectively acting as shadow central banks that influence global liquidity. With the Fed Funds rate sitting at 3.75 percent in October 2026, this shift changes how monetary policy transmits to the real economy. We break down the mechanics of reserve management, the risks of a run on digital dollars, and why this dynamic matters more than Bitcoin's price action.
#Stablecoins #USDT #Circle #Tether #USDTreasury #ShadowBanking #MonetaryPolicy #LiquidityTrap #CryptoEconomics…
The skinny
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