Definition ∞ U.S. Treasuries are debt securities issued by the United States Department of the Treasury to finance government spending. These instruments include Treasury bills, notes, bonds, and Treasury Inflation-Protected Securities (TIPS). They are considered among the safest investments globally due to the full faith and credit backing of the U.S. government. Their yield and demand influence global financial markets.
Context ∞ U.S. Treasuries are frequently referenced in crypto news, particularly in discussions about stablecoin reserves and macroeconomic factors affecting digital asset prices. Many stablecoins maintain reserves in Treasuries to ensure their peg to the U.S. dollar, linking the crypto market to traditional financial stability. Changes in Treasury yields and U.S. monetary policy often influence investor appetite for riskier assets like cryptocurrencies.