Coin Security Research Institute: Record treasury bond Issuance in the US May Increase Macro Pressure on Crypto Market

Odaily Planet Daily News Money Security Research Institute released the report "Record treasury bond Supply in 2025- Impact on Macroeconomy and Cryptocurrency", pointing out that the US Treasury Department plans to issue up to 31 trillion US dollars of treasury bond in 2025, which is equivalent to 109% of the estimated GDP and 144% of M2 money supply, the highest level in history. According to the report, foreign investors currently hold about one-third of the US debt. If demand falls, it may further push up financing costs and pose structural pressure on risky assets. Binance Research Institute said that although the market has eased due to the expected warming of trade negotiations in the short term, this round of treasury bond expansion may continue to exert pressure on risky assets, including crypto assets. If the government turns to the path of debt monetization, such as filling the deficit through expanding the balance sheet, or strengthening the logic of hard assets such as Bitcoin as a currency depreciation hedge tool, the overall macro changes are worth paying close attention to.