Stablecoins Prove to Be a Refuge in Tariff Chaos Even as Treasuries Falter

The Circle website arranged on a smartphone.

Photographer: Gabby Jones/Bloomberg
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Suvashree Ghosh finds an oasis of calm in otherwise turbulent market action.

As volatility took over global markets over the past couple of months, one part of the volatile digital asset market quietly grew: stablecoins.