The Stablecoin-to-Treasury Pipeline
The Stablecoin-to-Treasury Pipeline
How the GENIUS Act turns everyday stablecoin payments into automatic demand for US debt
1
User pays with a USD stablecoin
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2
Issuer must hold 1:1 reserves
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3
Reserves parked in short-term US Treasuries
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4
Treasury demand rises, yields fall
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5
US borrowing cost drops
Every payment quietly funds US debt