BlockBeats News, June 25th, according to Businesslive, the daily average trading volume of US dollar stablecoins has exceeded $100 billion in June, significantly surpassing the trading volume of Bitcoin and Ethereum. According to a quarterly report from Tether and Circle, of the total $250 billion in US dollar stablecoins, US Treasuries account for at least 80% of the reserve assets, which corresponds to an additional $200 billion demand for US Treasuries. Standard Chartered Bank predicts that by 2028, the stablecoin market will shrink to $2 trillion, corresponding to US Treasury demand of $1.2 trillion to $1.6 trillion. Stablecoin issuers will become the second-largest buyer of US Treasuries after the Federal Reserve.
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