T-bill | Crypto

Spiko integrated Coinbase Payments into two EU regulated UCITS Treasury funds, enabling USDC and EURC subscriptions and redemption payments through Base. Investment firm Spiko has integrated Coinbase’s stablecoin payment infrastructure into two regulated EU Treasury-bill funds, allowing eligible investors to fund subscriptions and receive redemption proceeds using USDC and EURC.  Coinbase said Tuesday the integration covers Spiko’s EU T-Bills Money Market Fund and US T-Bills Money Market Fund. Both are structured as Undertakings for Collective Investment in Transferable Securities, or UCITS. Coinbase Payments will provide the payment, wallet and application programming interface (API) infrastructure, with the transactions settling on Base, Coinbase’s layer-2 network.  The exchange said the products are the first UCITS funds in Europe to accept direct stablecoin payments. Read more

BIS research puts private dollar tokens closer to sovereign funding markets than the payment-rail debate suggests. The post Stablecoins are becoming a central bank problem hiding in T-bill markets appeared first on CryptoSlate.

Standard Chartered slashed its forecast for T-bill demand from stablecoins to $800 billion to $1 trillion by 2028, but maintained its $2 trillion stablecoin market call. Standard Chartered analysts stuck to their forecast that the stablecoin market will reach $2 trillion by late 2028, despite lowering expectations for short-term US Treasury bill demand. Stablecoins like Tether’s USDt (USDT) and Circle’s USDC (USDC) are expected to push T-bill demand to $2.2 trillion by 2028, Standard Chartered analyst Geoffrey Kendrick and US rates strategist John Davies said in a Monday report shared with Cointelegraph. Despite the US dollar stablecoin market cap stalling at around $300 billion in recent months amid a broader crypto downturn, the analysts remain bullish since the passage of the US GENIUS Act in 2025. Read more

Tokenized US Treasuries are close to $11 billion, but the chain war is shifting from issuance to distribution and utility. Where yield tokens actually sit, how often they move, and whether they plug into stablecoin settlement and collateral workflows are what matters. Last week, XRP Ledger (XRPL) got two signals that it's trying to matter […] The post XRP holds 63% of this T-bill token supply but barely any of the trading, and that’s a problem appeared first on CryptoSlate.