Our Scans · (FS.5.04) Money Market · Weekly Summary

• [New] Stablecoins involve linking an always-on payment instrument that is convertible into fiat currency to the legacy infrastructure for Treasury bills that operates during traditional hours and may not be able to offer assurance of Treasury sales to cash on a 24/7 basis, which could lead to runs. Brookings
• [New] By creating more confidence that USD stablecoins can function as a store of value, the new regulatory framework could create additional demand for stablecoins that have Treasury bills as reserve assets. Brookings
• Though the Fed's dot plot is no guarantee of actual rate movements, its outlook will influence expectations for interest rates, including what banks and credit unions offer on savings accounts and certificates of deposit. Investopedia
• Institutional investors are likely to continue prioritising Treasury Bills as a safeguard against inflation and as a relatively secure investment choice in Nigeria's unpredictable economic environment. Yes Africa - Minding African Business!
• When Treasury bills offer over 4% with zero credit risk and complete liquidity, the opportunity cost of holding volatile, non-yielding assets like Bitcoin increases dramatically. investing.com
• A greater share of Treasury bills could increase flexibility for future monetary policy accommodation without having to raise the level of reserves. Board of Governors of the Federal Reserve System
• Investments in tokenized US Treasury bills are expected to reach $3.7 billion by the end of 2024. CoinTelegraph
• The Fed will stop redeeming maturing Treasuries and maturing principal payments for mortgage-backed securities will be reinvested in Treasury bills. Schwab Brokerage
• As U.S. debt and related interest costs take up a progressively larger share of the U.S. economy, making markets for U.S. Treasury bills might require persuading marginal buyers-i.e., the most interest-rate-sensitive investors. Reason Foundation
• Foreign investors in Nigerian treasury bills now face escalating risk. Punch Newspapers
• The proposed Clarity for Payment Stablecoins Act has led some to suggest that it might become a regulatory requirement for USD-denominated digital tokens (stablecoins) to back their coins with nothing but US Treasury bills. / USA Unlimited Hangout
• HiddenLayer's Top 5 AI Threat Vectors in 2025 flags compromised models from public repos as enemy #1: hackers slip malicious code into open-source Hugging Face uploads, turning trusted tools into backdoors. Rod's Blog
• The US Treasury Department announced it will increase its issuance of Treasury bills-debt maturing in a year or less - to meet its rising funding requirements. Mortgage Professional
• Tokenized Treasury bills became highly attractive to both institutional and retail investors, especially in the context of seeking stable and risk-adjusted returns. ChainCatcher
• Institutions could invest in ONDO via brokerage accounts, meaning things like pension funds or endowments could indirectly gain exposure to tokenized Treasury bills (through Ondo's ecosystem) in a regulated way. yellow.com
• An increasing share now comes from short-term Treasury bills, raising refinancing risks. / USA JIRAAF

Last updated: 23 June 2026