Stripe calls it a "stablecoin summer", and the payments layer is being built fast.

But every stablecoin is only as credible as its reserves. With $TBILL, rated "AA+" by S&P Global, with underlying US Treasury assets managed and custodied by BNY, stablecoins get the institutional-grade reserves they need.

The stablecoin economy scales on its reserves. The better those reserves are, the stronger the foundation.