---
title: "Stablecoin Inflows May Shift Three-Month T-Bill Yields by Four Basis Points, BIS Estimates"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291003463.md"
description: "BIS research linked stablecoin reserve flows to short-term U.S. Treasury markets, estimating that a $3.5 billion stablecoin inflow over five days can move three-month Treasury bill yields by about four basis points within 10 days. According to NS3.AI, CryptoSlate market data on June 26 showed Tether at about $186.08 billion in market capitalization and USDC near $73.68 billion. The BIS also cited tokenized deposits and central bank reserves as an official alternative settlement model."
datetime: "2026-06-26T20:09:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291003463.md)
  - [en](https://longbridge.com/en/news/291003463.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291003463.md)
---

# Stablecoin Inflows May Shift Three-Month T-Bill Yields by Four Basis Points, BIS Estimates

BIS research linked stablecoin reserve flows to short-term U.S. Treasury markets, estimating that a $3.5 billion stablecoin inflow over five days can move three-month Treasury bill yields by about four basis points within 10 days. According to NS3.AI, CryptoSlate market data on June 26 showed Tether at about $186.08 billion in market capitalization and USDC near $73.68 billion. The BIS also cited tokenized deposits and central bank reserves as an official alternative settlement model.

### Related Stocks

- [CRCL.US](https://longbridge.com/en/quote/CRCL.US.md)
- [SHV.US](https://longbridge.com/en/quote/SHV.US.md)
- [CRCG.US](https://longbridge.com/en/quote/CRCG.US.md)
- [GMMF.US](https://longbridge.com/en/quote/GMMF.US.md)
- [SGOV.US](https://longbridge.com/en/quote/SGOV.US.md)
- [MMKT.US](https://longbridge.com/en/quote/MMKT.US.md)
- [CRCA.US](https://longbridge.com/en/quote/CRCA.US.md)
- [CRCD.US](https://longbridge.com/en/quote/CRCD.US.md)
- [CCUP.US](https://longbridge.com/en/quote/CCUP.US.md)
- [CRCO.US](https://longbridge.com/en/quote/CRCO.US.md)
- [USDTHKD.VAHK](https://longbridge.com/en/quote/USDTHKD.VAHK.md)
- [USDTUSD.VAHK](https://longbridge.com/en/quote/USDTUSD.VAHK.md)

## Related News & Research

- [Public Employees Retirement System of Ohio Acquires 41,764 Shares of Circle Internet Group, Inc. $CRCL](https://longbridge.com/en/news/294330564.md)
- [BUZZ-Circle's IBM patent deal meaningful, Susquehanna says](https://longbridge.com/en/news/294086053.md)
- [Circle Acquires IBM's Entire Blockchain Patent Portfolio: 'IBM Just Capitulated,' Analyst Says](https://longbridge.com/en/news/294069233.md)
- [GC Wealth Management RIA LLC Cuts Stake in Circle Internet Group, Inc. $CRCL](https://longbridge.com/en/news/293724338.md)
- [Circle partners with Kakao, Toss Bank to explore stablecoin payment rails in South Korea](https://longbridge.com/en/news/293587774.md)