State Street Journal
Boston Financial Journal
Markets · Currencies

Digital

Central bank digital currencies, stablecoins, and the future of programmable money.

The Synthetic Treasury: How Stablecoins Cement Dollar Hegemony

Stablecoins hold over $120 billion in U.S. Treasury bills, making them one of the largest marginal buyers of government debt. This guide explains how digital dollars extend Fed monetary reach into the crypto ecosystem.

Priya Chandrasekaran · BOSTON