TechFlow, August 6 — According to Zhitong Caijing, the U.S. Department of the Treasury announced it will auction $100 billion in four-week Treasury bills this week, marking a record high. This issuance of four-week bills is $5 billion larger than the previous auction, while the amounts for eight-week and seventeen-week bills remain unchanged at $85 billion and $65 billion, respectively.
The Treasury Borrowing Advisory Committee noted that the recent rise in stablecoin issuance has become one of the emerging sources of demand. Under President Trump's promoted "Genius Act," stablecoin issuers are required to back their crypto tokens with safe assets such as Treasury securities, indirectly boosting demand for Treasury bills.
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