$USDT
đšđš IMF Report: Stablecoins Pivot to US Treasuries đš
- USDT (Tether)
- 2021: Focused on short-term assets & corp bonds
- 2025: >80% in US Treasuries
- USDC (Circle) :
- 2021: Cash & deposits dominant
- 2025: >80% in Treasuries + reverse repos
Key Takeaways âŹïž
- Stablecoins emerge as key US Treasury buyers

USDC
1.0003
-0.02%
- Post-regulation (MiCA, US bills), shift to Treasuries
- Strengthens link to dollar-based finance
- Stablecoins â just âcrypto liquidityâ â now tied to US debt markets, resembling digital dollar expansion

WLD
0.3829
-3.06%

