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Federal Reserve Bank of San Francisco

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Latest Federal Reserve Bank of San Francisco stories

• Stablecoin Issuers Add $200 Billion in Treasury Holdings Over Five Years

  Matt Hougan said advisers he spoke with showed more interest in stablecoins and tokenization than Bitcoin. A separate projection puts issuer demand for short-term Treasuries at about $400 billion by 2030 if growth con…

  Oct 1, 2026, 3:11 PM EDT · Investing