How will the 2025 U.S. Treasury oversupply affect the cryptocurrency market? Binance Research analyzes

On the 18th, the research department of major cryptocurrency exchange Binance released an analysis on the impact of a large supply of U.S. Treasury bonds on the cryptocurrency market.

In the U.S. Treasury market in 2025, the amount of bonds to be auctioned, including refinancing, is expected to exceed $31 trillion (about 4,400 trillion yen). He said there is growing pressure to find demand for this.

$31 trillion is about 109% of the U.S. GDP forecast for 2025 and 144% of M2 (the amount of money in circulation, including cash and deposits). This is close to the highest level ever, indicating the need for large-scale fundraising...