Stablecoin Providers Hold Nearly $200 Billion in Short-Dated U.S. Government Debt.
The size of the reserves tied to Treasury markets is highlighted by stablecoin providers' current holding of nearly $200 billion in short-dated U.S. government debt. As stated by NS3. AI, money-market mutual funds absorbed approximately 85 percent of the latest increase in Treasury-bill supply.
Treasury said net bill supply grew by more than $550 billion in July and August. Stablecoin reserves can be invested through money-market funds and repurchase agreements, which helps explain the demand for short-dated government debt.
#stable #AIStocksWhatNext #USGovernment
The size of the reserves tied to Treasury markets is highlighted by stablecoin providers' current holding of nearly $200 billion in short-dated U.S. government debt. As stated by NS3. AI, money-market mutual funds absorbed approximately 85 percent of the latest increase in Treasury-bill supply.
Treasury said net bill supply grew by more than $550 billion in July and August. Stablecoin reserves can be invested through money-market funds and repurchase agreements, which helps explain the demand for short-dated government debt.
#stable #AIStocksWhatNext #USGovernment