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US Treasury Says Stablecoins Should Be Replaced by a CBDC

A report released Wednesday by the Treasury highlighted fears that the growing stablecoin market is buying up too many T-bills, and must be wound down.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US Treasury Says Stablecoins Should Be Replaced by a CBDC
A report released Wednesday by the Treasury highlighted fears that the growing stablecoin market is buying up too many T-bills, and must be wound down.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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