Is Washington Engineering the Largest Financial Market IPO in History?

U.S. Treasury Secretary Scott Bessent expects the stablecoin market to be $3.7 trillion in size. If that sum represented short-term treasuries, it would be represent 64% of all U.s. short- term tre asuries outstanding ($5.78 tr)

Placing stablecoins under the purview of the U.S. regulatory system and Treasury was just the beginning.

If U.S. debt were to ever hold a public IPO moment, this is it.

But the U.S. is not stopping there. It looks to export even more to the globe. I like to think of it as a global IPO event for all U.S. based financial assets.

Let me lay it out for you.

In the next several years, U.S. Treasury Secretary Scott Bessent expects the stablecoin market to be $3.7 trillion in size.

If that sum represented short-term treasuries, it ...