BlockBeats News, February 23 — According to The Block, a recent study by Standard Chartered Bank indicates that stablecoin issuers are expected to become one of the largest buyers of U.S. Treasury bonds, which could reshape the U.S. government’s financing methods over the next few years.
The analysts, led by Geoffrey Kendrick, Head of Global Digital Asset Research at the bank, and John Davies, U.S. Interest Rate Strategist at Standard Chartered Bank, stated that they still expect the market capitalization of stablecoins to reach $2 trillion by the end of 2028. This expansion will bring approximately $0.8 trillion to $1 trillion in additional demand for U.S. Treasuries, as issuers will accumulate short-term government bonds as reserve assets. Stablecoin issuers are becoming the largest buyers of U.S. Treasuries.
They also added that if the issuance model remains unchanged, this demand could lead to an excess demand of about $0.9 trillion in government bonds over the next three years.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
China’s central bank boosted its gold reserves to 2,313.48 tons by the end of March, marking the 17th consecutive month of accumulation
Gate News update: On April 7, the People’s Bank of China reported that its gold reserves at the end of March were 74.38 million ounces (about 2,313.48 tons), up 160k ounces (about 4.98 tons) month-over-month. Gold reserves at the end of February were 74.22 million ounces (about 2,308.5 tons). This is the 17th consecutive month that the People’s Bank of China has added to its gold holdings.
GateNews25m ago
U.S. Bankruptcy Filings Surge 14% in the First Quarter: High Inflation and Debt Pressures Drive a Wave of Small Business and Personal Bankruptcies
In the first quarter of 2026, U.S. bankruptcy filings surged 14% to 150,009 cases, largely driven by high inflation, high interest rates, and tightened credit, with small businesses hit the hardest. Personal bankruptcies also rose, as household debt and high borrowing costs intensified financial pressure. Lawmakers have proposed raising the thresholds for bankruptcy reorganization, but the economic outlook remains bleak.
GateNews46m ago
Polymarket: Iran ceasefire probability is only 3%, and the surge in oil prices is hitting Bitcoin’s price trend
The expected shift around Iran ceasefire talks is toward pessimism, and the trading market shows that the ceasefire success rate set by Trump is only 3%. Iran rejected a short-term ceasefire proposal and put forward long-term political and economic conditions, further compressing the room for negotiations. Energy markets are strengthening in expectation, and the probability that WTI crude for April, which hit $120, rises to 77%. Crypto assets such as Bitcoin are under pressure during the phase when risk appetite declines, with capital flowing into traditional safe-haven assets.
GateNews1h ago
Japan and South Korea’s stock markets closed higher on April 7; South Korea’s KOSPI index rose 0.82%
Gate News message: On April 7, Japan’s Nikkei 225 Index (Japan’s benchmark stock market index) closed up 15.88 points, a gain of 0.03%, at 53,429.56 points. On April 7, South Korea’s KOSPI Index (South Korea’s composite stock price index) closed up 44.44 points, a gain of 0.82%, at 5,494.77 points.
GateNews1h ago
U.S. technology industry employment fell for the second consecutive year, with 43k fewer jobs over the past year
Gate News news: On April 7, the number of jobs in the U.S. technology industry has fallen for the second consecutive year; over the past year, it has decreased by 43k positions. According to Cointelegraph, the number of job losses in this round exceeds the declines during the 2020 pandemic and the 2008 financial crisis.
GateNews1h ago
IMF Warns Global Imbalances Are Worsening: Tariffs May Fail or Push Capital Flows Toward Bitcoin and Stablecoins
Research by the International Monetary Fund shows that tariffs have a limited effect in regulating global trade deficits, and that the real influencing factors are macroeconomic policies. As global imbalances expand and financial risks rise, market structures may adjust, and crypto assets could become a tool for hedging uncertainty.
GateNews2h ago