According to @paoloardoino, Tether ranks among the top 18 holders of U.S. Treasuries, is within the top 40 holders of physical gold, and holds more than 100,000 BTC, highlighting large and diversified reserves that underpin USDT’s backing; source: @paoloardoino on X on Aug 10, 2025. According to @paoloardoino, this mix of Treasuries, gold, and BTC suggests USDT liquidity is supported by sovereign debt plus hard-asset exposure while introducing direct sensitivity to BTC price moves—key for traders assessing stablecoin risk and crypto market liquidity; source: @paoloardoino on X on Aug 10, 2025. According to @paoloardoino, traders should watch U.S. yields, gold prices, and BTC volatility as drivers that can influence Tether’s reserve valuation and perceived stability in crypto markets; source: @paoloardoino on X on Aug 10, 2025.

According to @KobeissiLetter, stablecoins now hold $149 billion in US Treasuries, ranking as the 18th-largest external holder. These holdings have increased by approximately $58 billion, or 64 percent, since Q1 2023. During the same period, the total market capitalization of stablecoins has doubled to a record $240 billion. This significant growth in Treasury-backed reserves highlights the increasing institutional confidence in stablecoins and signals deeper integration between crypto and traditional finance. For crypto traders, these trends suggest enhanced market liquidity and growing demand for stablecoin-based trading pairs, which could impact price stability and trading volumes across major cryptocurrencies (Source: @KobeissiLetter).

According to @KobeissiLetter, stablecoins now hold $149 billion in US Treasuries, making them the 18th-largest external holder. Since Q1 2023, these holdings have increased by approximately $58 billion, a 64% rise. During the same period, the total market capitalization of stablecoins has doubled to a record $240 billion. This rapid growth highlights the increasing integration of stablecoins with traditional financial instruments and provides added liquidity and stability to the broader cryptocurrency market, potentially supporting trading activity and investor confidence.

According to @rovercrc, Tether has reported a net profit of $4.9 billion for Q2 and now holds $127 billion in US Treasuries, making it one of the largest global holders. This significant profit and treasury accumulation highlight Tether's growing financial influence and stability, which could further strengthen confidence in USDT and affect stablecoin demand and trading volumes across crypto markets. Traders should monitor USDT flows, as Tether's expanding reserves may impact liquidity and risk perceptions in both centralized and DeFi markets (source: @rovercrc).

According to @Andre_Dragosch, the breakdown of US Treasuries as a traditional safe-haven asset is pushing capital flows into hard assets such as Bitcoin (BTC), gold, and US equities. This shift is expected to fuel higher and potentially excessive valuations across these markets, creating a 'new normal' environment for traders to monitor. The movement of the safe-haven premium into crypto and equities may increase volatility and present both opportunities and risks for active traders. Source: @Andre_Dragosch.

According to @rovercrc, the bull case for Bitcoin (BTC) and gold is strengthening after Donald Trump stated on social media that economic growth would offset deficits from his proposed tax-and-spending package. This approach to fiscal policy, which could add trillions to the national debt, has prompted analysts like Will Clemente to question the value of holding long-term U.S. Treasuries, as cited in the report. Clemente's analysis suggests that the prospect of loose fiscal policy and currency debasement makes hard assets like Bitcoin an essential hedge against inflation. Following the comments, BTC traded with volatility in a range between $107,194 and $108,489, with technical analysis from the source indicating established support at $107,300 and a significant volume peak that confirmed upward momentum.

According to @FoxNews, the crypto market is largely ignoring President Trump's renewed tariff threats, with Coinbase analysts noting that markets have disregarded these potential economic risks. A more significant trading signal emerged from Trump's fiscal policy stance, where he stated that robust economic growth would offset deficits from a proposed $3.8 trillion tax-cut bill. Crypto analyst Will Clemente highlighted this on X, suggesting such loose fiscal policy strengthens the bull case for hard assets like Bitcoin (BTC) and gold as hedges against potential inflation and currency debasement, while making long-term U.S. Treasuries less attractive. From a technical standpoint, BTC has established support around $107,300, trading in a daily range between $107,194 and $108,489, with BTCUSDT recently priced at $107,631.72.

According to Crypto Rover, the Federal Reserve is easing Supplementary Leverage Ratio (SLR) restrictions, allowing banks to buy unlimited US Treasuries without capital requirements (source: Twitter @rovercrc, June 22, 2025). This policy acts as 'hidden money printing,' increasing liquidity in financial markets. For traders, this shift could boost risk asset demand, including Bitcoin (BTC) and other cryptocurrencies, as banks have more flexibility to support Treasury purchases. Market participants should watch for increased volatility and potential upward momentum in crypto prices as liquidity flows into digital assets, mirroring effects seen in previous quantitative easing cycles.

According to @username, the US treasury ETF $TLT is showing a bullish setup as it forms a weekly swing low, with consensus expecting US long end yields to rise. However, real yields remain at 2% and core inflation (CPI) is projected to decline further due to a recession led by the housing sector, with shelter making up 36% of CPI. This macro backdrop is driving positive sentiment for US treasuries and $TLT, which could attract traders seeking safe-haven assets or portfolio hedges. Source: @username on Twitter.

According to Edward Dowd, a shift towards risk-off sentiment is emerging, with $TLT (iShares 20+ Year Treasury Bond ETF) highlighted as a potential beneficiary (source: Edward Dowd, Twitter, May 30, 2025). Historically, risk-off moves drive capital from equities and risk assets into safe havens like US Treasuries, leading to a rise in $TLT. For cryptocurrency traders, this trend typically correlates with increased volatility and potential downside for crypto assets as liquidity is withdrawn from high-risk markets (source: Phinance Technologies Economic Report). Monitoring $TLT price action can provide early signals for crypto market direction, helping traders adjust positions accordingly.

According to Edward Dowd, concerns are rising over who will purchase US Treasuries as demand from traditional buyers like foreign central banks has waned in 2025 (source: Edward Dowd on Twitter, May 24, 2025). This shift could lead to higher yields and volatility in the bond market, potentially encouraging institutional investors to diversify into alternative assets, such as Bitcoin and other cryptocurrencies. Traders should monitor Treasury auction results and institutional fund flows, as reduced confidence in US government debt may drive further adoption of digital assets as a hedge against macroeconomic uncertainty (source: Edward Dowd, Twitter).

According to Stock Talk (@stocktalkweekly), JPMorgan stated that Moody’s downgrade of the US sovereign credit rating from AAA is expected to have a rather modest direct impact on financial markets. JPMorgan emphasized that while the downgrade may create short-term volatility, the fundamental status of US Treasuries as global reserve assets is likely to persist. For cryptocurrency traders, this event could reinforce the narrative of digital assets as alternative stores of value, particularly if investor confidence in traditional markets is shaken. The modest reaction in traditional markets may limit immediate crypto inflows, but ongoing scrutiny of US fiscal health could support long-term bullish sentiment in Bitcoin and stablecoins, as cited by JPMorgan via Stock Talk (@stocktalkweekly) on May 22, 2025.

According to The Kobeissi Letter, foreign investors have injected $1.2 billion into US Treasury funds over the past four weeks, marking the highest net inflow in six months, even after a significant 50-basis point spike in the 10-year note yield during the second week of April (source: The Kobeissi Letter, May 16, 2025). This sustained foreign demand for US Treasuries indicates persistent risk-off sentiment, which could limit capital flows into riskier assets like cryptocurrencies in the short term. Crypto traders should monitor US bond inflows, as continued strength in Treasuries may pressure digital asset prices and lead to increased volatility correlated with global macro trends.

According to Paolo Ardoino (@paoloardoino), USDt is contributing to stable demand for US Treasuries, as reported on Twitter on May 7, 2025. This ongoing demand highlights the growing integration between stablecoins and traditional financial markets, supporting Treasury liquidity and potentially influencing yield volatility. Crypto traders should monitor this trend, as increased Treasury involvement by stablecoin issuers like Tether may affect both stablecoin supply dynamics and broader risk sentiment in the crypto market. Source: Paolo Ardoino Twitter.

According to The Kobeissi Letter, Japanese private financial institutions sold $17.5 billion in long-dated foreign bonds, primarily US Treasuries, during the week ending April 4th, followed by an additional $3.6 billion the next week, marking the largest two-week sell-off since 2020 (source: The Kobeissi Letter, Twitter, April 26, 2025). This significant outflow from US Treasuries has led to increased volatility in bond yields, which could influence risk appetite across global markets, including cryptocurrencies. Traders should monitor Treasury yields for signals of liquidity shifts that may impact crypto prices and volatility.

According to André Dragosch, the recent decoupling of Bitcoin from the Nasdaq is attributed to rising systemic risks associated with US Treasuries, which favor Bitcoin as an independent asset. Unlike previous analyses suggesting that the decoupling was due to factors harming Nasdaq margins but not global liquidity, Dragosch emphasizes the increased risk perception surrounding US Treasuries as a critical driver. This perspective is crucial for traders considering Bitcoin's potential as a hedge against traditional financial instrument instability.

According to The Kobeissi Letter, foreign entities own $8.5 trillion of US Treasuries, representing 33% of total US public debt. Japan is the largest foreign holder with $1.08 trillion, followed by China. This significant foreign investment influences the US bond market dynamics, particularly during the recent sell-off, which traders should monitor closely for market volatility and potential impacts on yields.

According to The Kobeissi Letter, China's strategic shift in holdings between gold and US Treasuries highlights an ongoing trend as the trade war escalates. This divergence is crucial for traders, especially in the cryptocurrency market, as it signals potential impacts on global economic stability and investment strategies. As China's gold purchases increase, investors might consider diversifying into cryptocurrencies as a hedge against market volatility. Staying informed on the movements of these assets is essential for traders to capitalize on market shifts. Follow @KobeissiLetter for real-time analysis on these developments.

According to The Kobeissi Letter, China's gold and US Treasury holdings are moving in opposite directions as trade tensions escalate. This trend highlights the growing importance of monitoring gold prices for trading decisions. The shift in China's asset allocation could impact global markets, emphasizing the need for traders to stay updated with real-time analysis provided by sources like The Kobeissi Letter.

According to The Kobeissi Letter, the US Treasury saw nearly $7 trillion in gross issuances within just 3 months during 2023, culminating in a total of $23 trillion for the year. This trend continues in 2024, with mass issuances persisting as investors shift away from bonds. Such a robust issuance scale could potentially drive investors toward alternative assets like cryptocurrencies, as traditional bond appeal dwindles.