According to @MilkRoadDaily, regulators are paying closer attention because growth in stablecoin supply is influencing how the U.S. government borrows money (source: @MilkRoadDaily, Aug 26, 2025). The post states that when stablecoin supply rises, more U.S. Treasuries are purchased via stablecoin reserve allocations, which makes U.S. borrowing cheaper by increasing demand for government debt (source: @MilkRoadDaily; report credit referenced to David Duong and Coinbase Research). The full analysis is referenced by @MilkRoadDaily, indicating a data-backed link between stablecoin supply and Treasury demand that is directly relevant for trading and macro-liquidity monitoring (source: @MilkRoadDaily).

According to @MilkRoadDaily, Coinbase Head of Research David Duong says the firm’s custom global M2 liquidity model used to anticipate crypto market uptrends has flipped bullish, signaling a favorable macro setup into Q4 2025; source: @MilkRoadDaily. According to @MilkRoadDaily, Duong added that the clock is ticking for a major breakout, with rising $ETH demand and potential altseason signals flagged for traders to monitor; source: @MilkRoadDaily.