[The UK considers expanding the short-term Treasury bill market to meet potential new demand from stablecoin issuers] The UK is considering expanding its Treasury bill issuance program, a move that could help develop the pound sterling money market and meet the potential demand from new buyers such as stablecoin issuers. The UK Debt Management Office (DMO) will launch consultations in January on 'expanding and deepening' the ultra-short-term debt market. Governments in other countries, including the United States, have increasingly relied on Treasury bills to meet financing needs.