Clarity Act Won’t Save US Treasury Debt Market, Analyst Warns

AI Summary Lawrence Lepard, author of “The Big Print,” explained that even with CLARITY passing, demand for U.S. Treasuries used to back most stablecoins in circulation was insufficient to prop up the debt market, as issuance is less than 3% of the total $8 trillion needed to position each year. CLARITY Act Unable To Save The US […] fulltext: 341 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/stablecoins/clarity-act-wont-save-us-treasury-debt-market-analyst-warns/ Source: Bitcoin.com News