Here’s our response to Fred Ehrsam’s question on bountycaster TLDR; Will stablecoins become the Largest holder of USTs? I doubt it! Will they be a significant player? Abso-frigging-lutely. Analyzing the potential impact of stablecoins on the US treasury market is an extremely complex task due to the depth and diversity of the market and its participants. However, I will try my best to provide context into how we think about this question. Main challenges in tackling this question include: wha...

Here’s our response to Fred Ehrsam’s question on bountycaster TLDR; Will stablecoins become the Largest holder of USTs? I doubt it! Will they be a significant player? Abso-frigging-lutely. Analyzing the potential impact of stablecoins on the US treasury market is an extremely complex task due to the depth and diversity of the market and its participants. However, I will try my best to provide context into how we think about this question. Main challenges in tackling this question include: wha...