Watcher.Guru(@WatcherGuru):JUST IN: 🇺🇸 Treasury Secretary Bessent says crypto stablecoins can lower government borrowing costs and reduce national debt. "A thriving stablecoin ecosystem will drive demand from the private sector for US Treasuries, which back stablecoins. This newfound demand could lower government borrowing costs and help rein in the national debt."

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Watcher.Guru@WatcherGuru

2025.06.17 17:39

JUST IN: 🇺🇸 Treasury Secretary Bessent says crypto stablecoins can lower government borrowing costs and reduce national debt. "A thriving stablecoin ecosystem will drive demand from the private sector for US Treasuries, which back stablecoins. This newfound demand could lower government borrowing costs and help rein in the national debt."