Have you seen it yet? Stablecoins are really growing toward a one-trillion-dollar market value. That’s an enormous number when you think about it. Standard Chartered now says that the U.S. Treasury takes this seriously and is considering issuing more T-Bills.

The logic is actually quite simple: if so much capital flows into stablecoins, the government should consider how that affects the money market. T-Bills are short-term debt instruments, so issuing more could help better align supply with demand in this new market.

What strikes me is that we are now truly at the point where crypto markets are large enough to make policymakers think. A trillion dollars is no longer niche. This will directly impact how central banks adjust their strategies.