【U.S. Treasury Secretary Bets on Stablecoins as Key Buyers of U.S. Debt, Promoting Integration of Cryptocurrency into Financial Core】Golden Finance reports that U.S. Treasury Secretary Yellen bets that the cryptocurrency industry will become a key buyer of U.S. Treasury bonds in the coming years. The U.S. government is currently seeking to support the demand for massive new treasury bonds. Sources indicate that Yellen has sought information from major stablecoin issuers such as Tether and Circle, and these discussions have influenced the Treasury's plans to increase the sale of short-term treasury bills in the coming quarters. The U.S. Treasury hopes that stablecoins will become a key source of demand for U.S. government bonds, which is also the latest sign of the White House pushing for the integration of cryptocurrency into the U.S. financial core. Jay Barry, global interest rate strategist at one of the largest traders in the U.S. bond market, JPMorgan, stated: 'Secretary Yellen and the Treasury absolutely believe that stablecoins will be a real source of new demand for U.S. Treasury bonds. This is definitely the reason why she feels reassured about increasing the proportion of short-term debt issuance.' (Jin Shi)