“With the use of stablecoins growing rapidly for payments, cross-border transactions, and remittances, the global US dollar stablecoin market could grow significantly over the coming years. This also means that US dollar stablecoins could be used more widely as a means of payment in Europe, Japan, Canada, Australia, and emerging markets. As a result, the global growth in demand for stablecoins could become a significant new source of demand for short-term US government debt.” ~ Torsten Slok