US Treasury Praises Bitcoin Growth
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•US Treasury highlights Bitcoin’s ‘rapid growth’ in latest report
61% Informative
US Treasury highlighted Bitcoin ’s “rapid growth” in its latest report.
The government department referred to BTC as “digital gold” and stated that its primary use case seems to be a store of value.
The report also highlighted stablecoins as another category of digital assets that have witnessed rapid growth.
Stablecoins are said to have a significant portion of their collateral in the form of treasury bills.
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