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Mike Bird: Stablecoin demand has seen no net growth for 10 months

Mike Bird: Stablecoin demand has seen no net growth for 10 months
Stablecoin demand unchanged for 10 months

Mike Bird, reporter at The Wall Street Journal, observes that expectations for stablecoins to boost U.S. Treasury bill demand have not materialized.

He points out there has been no net growth in stablecoin demand for 10 months, attributing this stagnation to the sector's continued focus on crypto-related activity.

Bird has previously highlighted limited spillover effects from headline-grabbing sectors, such as his observation that chip stock news has not significantly affected U.S. equities. He has also analyzed risks related to U.S. Treasury buybacks and bond maturity structures. These reports underscore his ongoing focus on sector-specific market developments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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