{"id":51439,"date":"2026-09-20T13:24:37","date_gmt":"2026-09-20T13:24:37","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=51439"},"modified":"2026-09-20T13:24:37","modified_gmt":"2026-09-20T13:24:37","slug":"t-rowe-prices-blue-macellari-bitcoin-is-now-core-to-the-debasement-conversation","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=51439","title":{"rendered":"T. Rowe Price\u2019s Blue Macellari: Bitcoin is Now Core to the Debasement Conversation"},"content":{"rendered":"

Bitcoin Magazine<\/a>
\n
\nT. Rowe Price\u2019s Blue Macellari: Bitcoin is Now Core to the Debasement Conversation<\/a><\/p>\n

<\/div>\n

<\/a><\/p>\n

Blue Macellari spent 20 years investing in emerging market sovereign and distressed debt before building T. Rowe Price\u2019s digital assets business \u2014 which makes her read on the Treasury market unusually worth hearing. She discusses the return of the bond vigilantes, the shift from foreign to domestic financing of US debt, and why the Japan and Italy comparisons don\u2019t map cleanly onto America\u2019s buyer base. She also assesses whether GENIUS Act stablecoin demand for T-bills is a material change or wishful thinking.<\/p>\n

Chapters:
0:00 \u2014 How the Digital Asset Conversation Changed Inside T. Rowe Price
1:15 \u2014 Why T. Rowe Price Built an Actively Managed Multi-Token ETF
2:43 \u2014 Tokenization at Scale and the Automation of Asset Management
4:22 \u2014 Bifurcated Liquidity and the Risks of 24\/7 Trading
6:11 \u2014 The Brazil Mortgage Story That Became a Bitcoin Origin Story
7:04 \u2014 Global Liquidity, Fiscal Concerns and the Bond Vigilantes Return
8:26 \u2014 Foreign vs Domestic Treasury Buyers and the Japan Comparison
10:15 \u2014 Can GENIUS Act Stablecoins Create Real Demand for T-Bills?
11:16 \u2014 Why the Debasement Trade Actually Drives Institutional Allocations
13:02 \u2014 Volatility as a Portfolio Tool and the Generational Allocation Split<\/p>\n

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.<\/p>\n

This post T. Rowe Price\u2019s Blue Macellari: Bitcoin is Now Core to the Debasement Conversation<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Patrick Green<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine T. Rowe Price\u2019s Blue Macellari: Bitcoin is Now Core to the Debasement Conversation Blue Macellari spent 20 years investing in emerging market sovereign and distressed debt before building T. Rowe Price\u2019s digital assets business \u2014 which makes her read on the Treasury market unusually worth hearing. She discusses the return of the bond […]<\/p>\n","protected":false},"author":1,"featured_media":51440,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-51439","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"yoast_head":"\nT. 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