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Bond-Market Pros Are Unimpressed With Baby Whales From Crypto

(Bloomberg) -- They are turning into the strangest of bedfellows in the financial world: The famously safe securities issued by the US Treasury and the notoriously not-so-safe world of cryptocurrencies.Most Read from BloombergThe Serious Work That Free Play Can DoIssuers of crypto stablecoins meant to track the dollar one-for-one have become noticeable players in the Treasury market as they seek the safest and most-liquid assets to back the value of their tokens. For crypto promoters, it’s a dev